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
years012345−40 00014 50012 5009 50012 50011 500

A project costs €40 000 today and returns €14 500, €12 500, €9 500, €12 500, €11 500 at the end of years 1 to 5. Assume cash flows arrive evenly through each year. Find the payback period PB in years.

CF0 = −40 000CF1 = 14 500CF2 = 12 500CF3 = 9 500CF4 = 12 500CF5 = 11 500
PB = years
2.Easy
years0123−20 00010 50010 50010 500

A project costs €20 000 today and returns €10 500 at the end of each year for 3 years. The required rate of return is 15%. Find the net present value NPV.

r = 15%CF0 = −20 000CF1 = 10 500CF2 = 10 500CF3 = 10 500
NPV = €
3.Medium
years01234−45 00016 00021 00022 00015 000

An investment of €45 000 gives these cash flows at the end of years 1 to 4: €16 000, €21 000, €22 000, €15 000. The cost of capital is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −45 000CF1 = 16 000CF2 = 21 000CF3 = 22 000CF4 = 15 000
NPV = €
4.Medium
years0123−45 00021 00016 00018 000

An investment of €45 000 gives these cash flows at the end of years 1 to 3: €21 000, €16 000, €18 000. The cost of capital is 12%. Find the net present value NPV.

r = 12%CF0 = −45 000CF1 = 21 000CF2 = 16 000CF3 = 18 000
NPV = €
5.Hard
years0123−10 0004 0006 0006 500

A project costs €10 000 and returns €4 000, €6 000, €6 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −10 000CF1 = 4 000CF2 = 6 000CF3 = 6 500
IRR = %
6.Hard
years01234567−80 00019 50019 50019 50019 50019 50019 50019 500

An investment of €80 000 returns €19 500 at the end of each year for 7 years. Find its internal rate of return IRR in percent.

C0 = €80 000CF = €19 500n = 7
IRR = %

Answer key

  1. 1. PB = 3.28 years
  2. 2. NPV = 3974 €
  3. 3. NPV = 17697 €
  4. 4. NPV = −682.9 €
  5. 5. IRR = 27.27 %
  6. 6. IRR = 15.47 %

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