( HTB )(?????)

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( HTB )(?????)
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HTB??? 504
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HTB(????)
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HTB???????
??,??60,000?(???) 20???????1,200,000?
?? ?? ???? ??? ???????IRR ?40?????? ?40?????IRR
10? 1,411,323 1.52 2,229,389 2.02
20? 1,411,352 1.52 2,254,772 2.06
30? 1,411,362 1.52 2,306,039 2.14
40? 1,411,179 1.51 2,397,963 2.26
50? 1,384,562 1.34 2,485,915 2.38
60? 1,325,006 0.93 2,417,177 2.29
??? ??? IRR HTB?? ??? ??? IRR HTA??
????????,??????????????????
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• ????

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??HTB VS. ?x??HIGH
?? HTB ?x??HIGH
??????? ??????????????????5????? ???????????????????????????4?????99?? ?1-5???????1.03 ?6-20?????15?? ?21??????3??
?? ??? ? 100????????? ? 111?????????
???? ? ?
???? ? ?
???? 0???????85? 0???????75?
???? 10?15?20? 10? 15?20?
???? ??????1.2 ??????1
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??HTB VS. ?x??HIGH
30???,??113,900?(???),20??
???? ?? HTB ?? HTB ?x??HIGH(???) ?x??HIGH(???)
???? ???? ??????? ???? ???????
5 1,009,134 379,793 586,600 384,300
10 1,210,961 976,115 1,139,000 1,052,750
15 1,846,821 1,731,394 1,747,500 1,747,500
20 2,679,678 2,679,678 2,533,600 2,533,600
30 3,439,669 3,439,669 3,239,600 3,239,600
50 6,069,600 6,069,600 5,258,850 5,258,850
70 11,474,550 11,474,550 8,175,400 8,175,400
HTB????????,????20???????, ??????,??????
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??HTB VS. ?????
?? HTB ?????
??????? ??????????????????5????? ???????????????????????????4?????99?? ?????????????????3???
?? ??? ? 100????????? ? 110?????????
???? ? ?
???? ? ?
???? 0???????85? 0???????75?
???? 10?15?20? 10?20?
???? ??????1.2 ??????1
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??HTB VS. ?????
30???,??122,958?(???),20??
???? ?? HTB ?? HTB ?????(???) ?????(???)
???? ???? ?????? ???? ??????
5 1,089,386 409,997 1,159,300 364,800
10 1,307,264 1,053,741 1,343,900 1,007,300
15 1,993,691 1,869,086 1,863,000 1,685,300
20 2,892,782 2,892,782 2,484,000 2,462,800
30 3,713,213 3,713,213 3,226,400 3,226,400
40 4,863,655 4,863,655 4,219,200 4,219,200
70 12,387,077 12,387,077 8,920,300 8,920,300
HTB??????,??????,???????
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??HTB VS.????
?? HTB ????
??????? ??????????????????5????? ???????????????????????????4?????99?? ?1-3? 1.06????????? ?4-20?????5?? ?21?????6????????????
?? ??? ? 100????????? ? 110?????????
???? ? ?
???? ? ?
???? 0???????85? 0???????85?
???? 10?15?20? 6?10?15?20?
???? ??????1.2 ??????1 ?????0.5-1.5
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??HTB VS.????
30???,??109,466?(???),20??
???? ?? HTB ?? HTB ????(??) ????(??) ????(??)
???? ???? ??? ??? ???? ?????? ????????????
5 969,856 365,011 1,102,500 370,940 374,562
10 1,163,828 938,122 1,407,100 972,950 1,015,242
15 1,774,939 1,664,005 1,795,860 1,593,220 1,699,560
20 2,575,380 2,575,380 2,292,020 2,280,650 2,543,078
40 4,330,003 4,330,003 3,492,020 3,332,450 4,321,332
60 8,099,794 8,099,794 4,692,020 4,600,300 6,788,147
70 11,027,938 11,027,938 5,292,020 5,246,760 8,254,409
HTB?????????17??????????,????,??????.
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• 2.2-6????(?????)
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???? ????? ??? 2716-68882503 0955583857