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
years0123456−30 0009 0009 0009 00010 0008 0004 500

A project costs €30 000 today and returns €9 000, €9 000, €9 000, €10 000, €8 000, €4 500 at the end of years 1 to 6. Assume cash flows arrive evenly through each year. Find the payback period PB in years.

CF0 = −30 000CF1 = 9 000CF2 = 9 000CF3 = 9 000CF4 = 10 000CF5 = 8 000CF6 = 4 500
PB = years
2.Easy
years01234? 18 00015 0006 00018 000

A machine is expected to save €18 000, €15 000, €6 000, €18 000 at the end of years 1 to 4, after which it is worthless. The required return is 15%. What is the most the company should pay for the machine today? Find PV.

r = 15%CF1 = 18 000CF2 = 15 000CF3 = 6 000CF4 = 18 000
PV = €
3.Medium
years0123−60 00026 00026 00013 000

An investment of €60 000 gives these cash flows at the end of years 1 to 3: €26 000, €26 000, €13 000. The cost of capital is 10%. Find the net present value NPV.

r = 10%CF0 = −60 000CF1 = 26 000CF2 = 26 000CF3 = 13 000
NPV = €
4.Medium
years0123−30 00010 00014 0009 000

An investment of €30 000 gives these cash flows at the end of years 1 to 3: €10 000, €14 000, €9 000. The cost of capital is 6%. Find the net present value NPV.

r = 6%CF0 = −30 000CF1 = 10 000CF2 = 14 000CF3 = 9 000
NPV = €
5.Hard
years0123−50 00031 50022 00023 500

A project costs €50 000 and returns €31 500, €22 000, €23 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −50 000CF1 = 31 500CF2 = 22 000CF3 = 23 500
IRR = %
6.Hard
years0123−50 00034 00025 00034 500

A project costs €50 000 and returns €34 000, €25 000, €34 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −50 000CF1 = 34 000CF2 = 25 000CF3 = 34 500
IRR = %

Answer key

  1. 1. PB = 3.3 years
  2. 2. PV = 41231 €
  3. 3. NPV = −5109 €
  4. 4. NPV = −549.5 €
  5. 5. IRR = 26.88 %
  6. 6. IRR = 39.39 %

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