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
years01234−10 0004 0004 0004 0004 000

A project costs €10 000 today and returns €4 000 at the end of each year for 4 years. The required rate of return is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −10 000CF1 = 4 000CF2 = 4 000CF3 = 4 000CF4 = 4 000
NPV = €
2.Easy
years01234−30 0009 50010 00012 00010 500

A project costs €30 000 today and returns €9 500, €10 000, €12 000, €10 500 at the end of years 1 to 4. Assume cash flows arrive evenly through each year. Find the payback period PB in years.

CF0 = −30 000CF1 = 9 500CF2 = 10 000CF3 = 12 000CF4 = 10 500
PB = years
3.Medium
years0123−30 00010 0007 0008 000

An investment of €30 000 gives these cash flows at the end of years 1 to 3: €10 000, €7 000, €8 000. The cost of capital is 8%. Find the net present value NPV.

r = 8%CF0 = −30 000CF1 = 10 000CF2 = 7 000CF3 = 8 000
NPV = €
4.Medium
years01234−45 00016 00014 00016 00013 000

An investment of €45 000 gives these cash flows at the end of years 1 to 4: €16 000, €14 000, €16 000, €13 000. The cost of capital is 8%. Find the net present value NPV.

r = 8%CF0 = −45 000CF1 = 16 000CF2 = 14 000CF3 = 16 000CF4 = 13 000
NPV = €
5.Hard
years0123−25 00013 00010 00018 500

A project costs €25 000 and returns €13 000, €10 000, €18 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 13 000CF2 = 10 000CF3 = 18 500
IRR = %
6.Hard
years012−25 00018 50017 500

A project costs €25 000 and returns €18 500, €17 500 at the end of years 1 to 2. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 18 500CF2 = 17 500
IRR = %

Answer key

  1. 1. NPV = 3549 €
  2. 2. PB = 2.875 years
  3. 3. NPV = −8389 €
  4. 4. NPV = 4074 €
  5. 5. IRR = 28.21 %
  6. 6. IRR = 28.48 %

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