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Análisis comparativo de los métodos tradicionales de valoración aplicado a la simulación de un proyecto de inversión

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  • Guillén León

Abstract

Este artículo de reflexión revisa conceptual y empíricamente las técnicas tradicionales de valoración, VAN (ValorActual Neto) y TIR (Tasa Interna de Rentabilidad). Se presenta un caso práctico con aplicaciones de estas técnicas dirigidas a un portafolio de proyectos de inversión que difieren en tiempo y desión. Respecto a los resultadosobtenidos del caso propuesto, estos sugieren que, ante la discrepancia de proyectos de inversión que no sonhomogéneos en plazo y desembolso la solución no pasa por la elección de un método u otro sino por la homogenización de las inversiones en cuanto a plazo, desembolso y tasa de reinversión.

Suggested Citation

  • Guillén León, 2012. "Análisis comparativo de los métodos tradicionales de valoración aplicado a la simulación de un proyecto de inversión," Dimensión Empresarial, Universidad Autónoma del Caribe, July.
    • Handle: RePEc:col:000461:010598
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    References listed on IDEAS

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    1. Graham, John R. & Harvey, Campbell R., 2001. "The theory and practice of corporate finance: evidence from the field," Journal of Financial Economics, Elsevier, vol. 60(2-3), pages 187-243, May.
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