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
years01234−100 00038 00038 00038 00038 000

A project costs €100 000 today and returns €38 000 at the end of each year for 4 years. The required rate of return is 6%. Find the net present value NPV.

r = 6%CF0 = −100 000CF1 = 38 000CF2 = 38 000CF3 = 38 000CF4 = 38 000
NPV = €
2.Easy
years0123456−100 00027 00035 00025 50021 00037 50016 500

A project costs €100 000 today and returns €27 000, €35 000, €25 500, €21 000, €37 500, €16 500 at the end of years 1 to 6. Assume cash flows arrive evenly through each year. Find the payback period PB in years.

CF0 = −100 000CF1 = 27 000CF2 = 35 000CF3 = 25 500CF4 = 21 000CF5 = 37 500CF6 = 16 500
PB = years
3.Medium
years01234−60 00021 00027 00014 00027 000

An investment of €60 000 gives these cash flows at the end of years 1 to 4: €21 000, €27 000, €14 000, €27 000. The cost of capital is 5%. Find the net present value NPV.

r = 5%CF0 = −60 000CF1 = 21 000CF2 = 27 000CF3 = 14 000CF4 = 27 000
NPV = €
4.Medium
years0123−20 0005 0009 0007 000

An investment of €20 000 gives these cash flows at the end of years 1 to 3: €5 000, €9 000, €7 000. The cost of capital is 12%. Find the net present value NPV.

r = 12%CF0 = −20 000CF1 = 5 000CF2 = 9 000CF3 = 7 000
NPV = €
5.Hard
years0123−25 00018 50010 50014 000

A project costs €25 000 and returns €18 500, €10 500, €14 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 18 500CF2 = 10 500CF3 = 14 000
IRR = %
6.Hard
years0123−10 0007 0006 0005 000

A project costs €10 000 and returns €7 000, €6 000, €5 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −10 000CF1 = 7 000CF2 = 6 000CF3 = 5 000
IRR = %

Answer key

  1. 1. NPV = 31674 €
  2. 2. PB = 3.595 years
  3. 3. NPV = 18796 €
  4. 4. NPV = −3379 €
  5. 5. IRR = 35.5 %
  6. 6. IRR = 39.03 %

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