1
R n j= 1 R R P j j 13
R R P j j 3 j= 1 3 R R P j j j= 1 0 0 40 % -40 0 0 80 % 41 14
-40 0 0 40 80 4 % n j= 1 ( R R) j P j 15
(40% 0%) 0.3 + (0% 0%) 0.4 + (0 0%) 0. 3 (80% 0%) 0.3 + (0% 0%) 0.4 + ( 40% 0%) 0. 3 δ R 15.49% 0% 46.48% 0% 16
R = R f + R r CV X 17
n X t t= 1 X tj P tj X 1 X X 3 N X t PV t t= 1 (1 + R) 60 74 65 PV (1 + 6%) (1 + 6%) (1 + 6%) 3 18
( X tj X t ) Ptj (30 60) (0.1) + (50 60) (0.) + (60 60) (0.3) + (70 60) (0.3) + (80 60) (0.1) (30 74) (0.1) + (50 74) (0.) + (70 74) (0.3) + (90 74) (0.) + (110 74) (0.) (30 65) (0.1) + (40 65) (0.4) + (60 65) (0.) + (90 65) (0.) + (160 65) (0.1) N δ t t= 1 (1 + R) t 13.4 4.98 37.48 + + 4 6 (1 + 6%) (1 + 6%) (1 + 6%) 19
N δ (1 t t t= 1 + R) 13.4 4.98 37.48 + + 3 (1 + 6%) (1 + 6%) (1 + 6%) R m RP j= 1 W j R j R j P R j 130
RP Aδ A WB δ B WAWBrA, B ( W + + δ δ A B 131
A B A B 45 13
133
( Y X(%) 46 %) 134
β P n W j j= 1 β j 135
R j = R + β R R ) f R j j ( m f β j R m R f R j 136
137
R i = R + β ( R f 1 R ) + β ( R f R ) + K+ β ( R fk R ) f j1 f j f jk f R, R,, R f 1 f L fk 138
139
140