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COSTO CAPITAL

                                                             COST ANT DE ISR  BENEF FISCAL  COST REND CCPP

           PRESTAMO       $                                        30,000.00  100%  5.0200000000%  2.85513%  4.87667%  4.87667%
           TOTAL          $                                        30,000.00



           AÑO            $                    30,000.00 ISR
                        1 $                                        11,000.00  3.57255%
                        2 $                                        10,000.00  3.28980%
                        3 $                                          9,000.00  2.94422%
                        4 $                                          8,000.00  2.51225%
                        5 $                                          7,000.00  1.95686%
                          PROMEDIO                    2.85513%





                                                          VPN

           AÑO
                        1 $                                        11,000.00
                        2 $                                        10,000.00
                        3 $                                          9,000.00
                        4 $                                          8,000.00
                        5 $                                          7,000.00
           CCPP                           4.87667%

           VP                            $39,511.79
           INV            $                                        30,000.00
            VPN                       $9,511.79






                                                           TIR




           AÑO            -$                                        30,000.00
                        1 $                                        11,000.00
                        2 $                                        10,000.00
                        3 $                                          9,000.00
                        4 $                                          8,000.00
                        5 $                                          7,000.00


            TIR                    16.666667%
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