涓�銆佸垽鏂
1
銆佹墍璋撲紒涓氳祫閲戠殑杩愬姩锛屽寘鎷祫閲戠殑绛归泦銆佽祫閲戠殑杩愮敤鍜岃祫閲戠殑鍒嗛厤銆?/p>
锛?/p>
锛?/p>
2
銆?/p>
鎴戝浗
2006
骞村紑濮嬪疄琛岀殑
銆婂叕鍙告硶銆?/p>
鍏佽涓�涓嚜鐒朵汉鎶曡祫璁剧珛澶氫釜涓�浜烘湁闄愯矗
浠诲叕鍙搞�?/p>
锛?/p>
锛?/p>
3
銆佹垜鍥界殑璐㈠姟鐩爣鏇撮�傚悎鑲′笢璐㈠瘜鏈�澶у寲锛?/p>
锛?/p>
锛?/p>
4
銆?/p>
鏃堕棿浠峰�煎師鐞嗭紝
姝ｇ‘鍦版彮绀轰簡涓嶅悓鏃剁偣涓婅祫閲戜箣闂寸殑鎹㈢畻鍏崇郴锛?/p>
鏄储鍔″喅绛?/p>
鐨勫熀鏈緷鎹�?/p>
锛?/p>
锛?/p>
5
銆佷粠涓埆鎶曡祫涓讳綋鏉ョ湅锛岄闄╁垎涓虹粡钀ラ闄╁拰璐㈠姟椋庨櫓銆?/p>
锛?/p>
锛?/p>
6
銆?/p>
鍦ㄤ袱涓柟妗堝姣旀椂锛?/p>
鏍囧噯绂诲樊瓒婂皬锛?/p>
璇存槑椋庨櫓瓒婂皬锛?/p>
鍚屾牱锛?/p>
鏍囧噯绂诲樊鐜囪秺澶э紝
璇存槑椋庨櫓瓒婂ぇ銆?/p>
锛?/p>
锛?/p>
7
銆佹牴鎹祫鏈祫浜у畾浠锋ā鍨嬶紝
尾
绯绘暟瓒婂ぇ瓒婂ソ銆傚洜姝ゆ垜浠簲璇ヨ喘涔?/p>
尾
绯绘暟澶х殑鑲?/p>
绁ㄣ�?/p>
锛?/p>
锛?/p>
8
銆佽偂浠藉叕鍙稿拰闈炶偂浠藉叕鍙搁兘鍙互閲囧彇鑲＄エ绛硅祫鏂瑰紡銆?/p>
锛?/p>
锛?/p>
9
銆佽偂绁ㄧ殑绁ㄩ潰浠峰�肩瓑浜庡競鍦轰环鍊笺�?/p>
锛?/p>
锛?/p>
10
銆?/p>
鍦ㄤ竴瀹氱殑闄愬害鍐呭悎鐞嗘彁楂樺�哄姟璧勬湰鐨勬瘮鐜囷紝
鍙檷浣庝紒涓氱殑缁煎悎璧勬湰鎴愭湰锛?/p>
鍙?/p>
鎸ヨ储鍔℃潬鏉嗕綔鐢紝闄嶄綆璐㈠姟椋庨櫓銆?/p>
锛?/p>
锛?/p>
11
銆佷竴鑸儏鍐典笅锛屽悇绛硅祫鏂瑰紡鐨勮祫閲戞垚鏈敱灏忓埌澶т緷娆′负锛氬浗搴撳埜銆侀摱琛屽�熸銆?/p>
鍊哄埜銆佹櫘閫氳偂绛夈�?/p>
锛?/p>
锛?/p>
12
銆?/p>
杈归檯璧勯噾鎴愭湰鏄祫閲戞瘡澧炲姞涓�涓崟浣嶈�屽鍔犵殑鎴愭湰锛?/p>
杩藉姞绛硅祫鏃剁敤銆?/p>
锛?/p>
锛?/p>
13
銆佽储鍔′袱骞崇偣瀵规櫘閫氳偂鑲′笢鏉ヨ鏄泩浜忓垎鐣岀偣銆?/p>
锛?/p>
锛?/p>
14
銆佽祫閲戠粨鏋勪富瑕佹寚闀挎湡璧勯噾鐨勭粨鏋勩�?/p>
锛?/p>
锛?/p>
15
銆?/p>
濡傛灉鍐呴儴鏀剁泭鐜囨硶璇勪环涓嬶紝椤圭洰
A
鐨?/p>
IRR
灏忎簬
B
锛涗絾
A
鐨勫噣鐜板�煎嵈澶т簬
B
锛?/p>
鎴戜滑搴旇閫夋嫨
A.
锛?/p>
锛?/p>
16
銆?/p>
鐜伴噾娴侀噺鏄寜鐓ф敹浠樺疄鐜板埗璁＄畻鐨勶紝鑰屽湪浣滃嚭鎶曡祫鍐崇瓥鏃讹紝搴旇浠ユ潈璐ｅ彂
鐢熷埗璁＄畻鍑虹殑钀ヤ笟鍒╂鼎涓鸿瘎浠烽」鐩粡娴庢晥鐩婄殑鍩虹銆?/p>
锛?/p>
锛?/p>
17
銆?/p>
.
鍦ㄨ绠楁姇璧勯」鐩殑鐜伴噾娴侀噺鏃讹紝缁忚惀鏈熶笌鍥哄畾璧勪骇鐨勬姌鏃у勾闄愭垨浣跨敤骞撮檺
鐩稿悓銆?/p>
锛?/p>
锛?/p>
18
銆?/p>
鍊哄埜涔嬫墍浠ヤ細瀛樺湪婧环鍙戣鍜屾姌浠峰彂琛岋紝
杩欐槸鍥犱负璧勯噾甯傚満涓婄殑鍒╂伅鐜囨槸缁?/p>
甯稿彉鍖栫殑锛岃�屽�哄埜绁ㄩ潰鍒╃巼涓�缁忕‘瀹氾紝渚夸笉鏄撹繘琛岃皟鏁淬�?/p>
锛?/p>
锛?/p>