The dynamic simulation model of calculating equipment purchase with the bond loan

Abstract

In this article, the dynamic simulation model of calculating equipment purchase on account of a bond loan is presented. The model has been developed on the basis of system dynamic method using Powersim Studio tools. In the constructed model, calculations were conducted in two ways to determine the cost of capital raising through a bond loan and to issuing company and bond profitability for the investor. To determine the capital cost in the model there was used the optimization mechanism, as a tool to determine an optimal value there was applied an optimizer built into Powersim Studio and based on the genetic algorithm. As a result of calculations, it has been obtained next values: the raising capital cost on account of a bond loan, the bond profitability for an investor, etc. Performed calculations can allow summing up that the developed dynamic simulation model is a quiet universal model and on its basis different researches associated to varied aspects of equipment purchase account on issuance bonds are able to perform.