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.

New worksheetPractise online with hints

For teachers: free to print, copy and use in class. Every new worksheet has new values and its own answer key. A link to ExamProblems on your course page is appreciated.

Name: ____________________   Date: ____________

1.Easy
years012345−50 00020 00020 00020 00020 00020 000

A project costs €50 000 today and returns €20 000 at the end of each year for 5 years. The required rate of return is 15%. Find the net present value NPV.

r = 15%CF0 = −50 000CF1 = 20 000CF2 = 20 000CF3 = 20 000CF4 = 20 000CF5 = 20 000
NPV = €
2.Easy
years01234−25 00011 00011 00011 00011 000

A project costs €25 000 today and returns €11 000 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 = −25 000CF1 = 11 000CF2 = 11 000CF3 = 11 000CF4 = 11 000
NPV = €
3.Medium
years012345€20 000€2 000€2 000€2 000€2 000€2 000r = 10%, EAC = ?

A machine costs €20 000 today, lasts 5 years and costs €2 000 per year to run (paid at the end of each year). The cost of capital is 10%. Find its equivalent annual cost EAC.

C0 = €20 000M = €2 000n = 5r = 10%
EAC = €
4.Medium
years01234−75 00035 00026 00020 00029 000

An investment of €75 000 gives these cash flows at the end of years 1 to 4: €35 000, €26 000, €20 000, €29 000. The cost of capital is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −75 000CF1 = 35 000CF2 = 26 000CF3 = 20 000CF4 = 29 000
NPV = €
5.Hard
years01234−50 00028 00029 00019 50017 500

A project costs €50 000 and returns €28 000, €29 000, €19 500, €17 500 at the end of years 1 to 4. Cash flows can be reinvested at the cost of capital of 12%. Find the modified internal rate of return MIRR in percent.

r = 12%CF0 = −50 000CF1 = 28 000CF2 = 29 000CF3 = 19 500CF4 = 17 500
MIRR = %
6.Hard
years0123−25 00016 50011 50018 000

A project costs €25 000 and returns €16 500, €11 500, €18 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 16 500CF2 = 11 500CF3 = 18 000
IRR = %

Answer key

  1. 1. NPV = 17043 €
  2. 2. NPV = 12259 €
  3. 3. EAC = 7276 €
  4. 4. NPV = 18870 €
  5. 5. MIRR = 23.16 %
  6. 6. IRR = 37.52 %

Full step-by-step solutions: practise this topic on examproblems.com.