Operation Manual

4: Identificação de Problemas Financeiros 49
Taxas de Juros
$RDERUGDUXPSUREOHPDILQDQFHLURpLPSRUWDQWHUHFRQKHFHUTXHDWD[D
GHMXURVRXWD[DGHUHWRUQRSRGHVHUGHVFULWDGHSHORPHQRVWUrVIRUPDV
GLIHUHQWHV
&RPRXPDWD[DSHULyGLFD(VWDpDWD[DDSOLFDGDDRVHXGLQKHLURGH
SHUtRGRHPSHUtRGR
&RPRXPDWD[DQRPLQDODQXDOeDWD[DSHULyGLFDPXOWLSOLFDGDSHOR
Q~PHURGHSHUtRGRVHPXPDQR
&RPRXPDWD[DHIHFWLYDDQXDOeDWD[DTXHFRQVLGHUDDFRPSRVLomR
1RH[HPSORDQWHULRUGHXPDFRQWDGHSRXSDQoDGHDWD[D
SHULyGLFDpGHóSRUPrVFRWDGDVFRPRXPDWD[DQRPLQDODQXDOGH
óï(VVDPHVPDWD[DSHULyGLFDSRGHULDVHUFRWDGDFRPRXPD
WD[DHIHFWLYDDQXDOTXHFRQVLGHUDDFRPSRVLomR2VDOGRDSyVPHVHV
GHFRPSRVLomRpGHVLJQLILFDQGRTXHDWD[DGHMXURVHIHFWLYD
DQXDOpGH
([HPSORVGHFRQYHUVmRHQWUHDVWD[DVQRPLQDLVHHIHFWLYDVDQXDLVSRGHP
VHUHQFRQWUDGRVQDVSiJLQDVD
Dois Tipos de Problemas Financeiros
2VSUREOHPDVILQDQFHLURVGHVWHPDQXDOXVDPMXURVFRPSRVWRVDPHQRV
TXHVHMDHVSHFLILFDPHQWHLQGLFDGRRXVRGHFiOFXORVGHMXURVVLPSOHV2V
SUREOHPDVILQDQFHLURVVmRGLYLGLGRVHPGRLVJUXSRVSUREOHPDV790H
SUREOHPDVGHIOX[RVGHFDL[D
Reconhecimento de um Problema TVM
6HRFRUUHUHPIOX[RVGHFDL[DXQLIRUPHVHQWUHRSULPHLURHR~OWLPR
SHUtRGRVGRGLDJUDPDGHIOX[RGHFDL[DRSUREOHPDILQDQFHLURpGRWLSR
790YDORUWHPSRUDOGRGLQKHLUR&LQFRWHFODVSULQFLSDLVVmRXVDGDV
SDUDVROXFLRQDUXPSUREOHPD790
CHAPT_4.FM Page 49 Sunday, June 25, 2000 2:37 PM