NPV & IRR worksheet with answers

Free printable NPV & IRR worksheet: 6 problems from easy to exam level, with an answer key. Print it or save it as a PDF.

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Name: ____________________   Date: ____________

1.Easy
years012345−100 00030 00030 00030 00030 00030 000

A project costs €100 000 today and returns €30 000 at the end of each year for 5 years. The required rate of return is 9%. Find the net present value NPV.

r = 9%CF0 = −100 000CF1 = 30 000CF2 = 30 000CF3 = 30 000CF4 = 30 000CF5 = 30 000
NPV = €
2.Easy
years0123−20 0008 5008 5008 500

A project costs €20 000 today and returns €8 500 at the end of each year for 3 years. The required rate of return is 10%. Find the profitability index PI.

C0 = €20 000CF = €8 500n = 3r = 10%
PI =
3.Medium
years0123−60 00025 00017 00029 000

An investment of €60 000 gives these cash flows at the end of years 1 to 3: €25 000, €17 000, €29 000. The cost of capital is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −60 000CF1 = 25 000CF2 = 17 000CF3 = 29 000
NPV = €
4.Medium
years01234−75 00033 00023 00017 00037 000

An investment of €75 000 gives these cash flows at the end of years 1 to 4: €33 000, €23 000, €17 000, €37 000. The cost of capital is 9%. Find the net present value NPV.

r = 9%CF0 = −75 000CF1 = 33 000CF2 = 23 000CF3 = 17 000CF4 = 37 000
NPV = €
5.Hard
years0123−20 00010 50013 00011 000

A project costs €20 000 and returns €10 500, €13 000, €11 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −20 000CF1 = 10 500CF2 = 13 000CF3 = 11 000
IRR = %
6.Hard
years0123−50 00035 00036 50033 000

A project costs €50 000 and returns €35 000, €36 500, €33 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −50 000CF1 = 35 000CF2 = 36 500CF3 = 33 000
IRR = %

Answer key

  1. 1. NPV = 16690 €
  2. 2. PI = 1.057
  3. 3. NPV = 1886 €
  4. 4. NPV = 13973 €
  5. 5. IRR = 32.71 %
  6. 6. IRR = 48.84 %

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