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
years01234−80 00033 00033 00033 00033 000

A project costs €80 000 today and returns €33 000 at the end of each year for 4 years. The required rate of return is 15%. Find the net present value NPV.

r = 15%CF0 = −80 000CF1 = 33 000CF2 = 33 000CF3 = 33 000CF4 = 33 000
NPV = €
2.Easy
years012345−80 00021 00021 00021 00021 00021 000

A project costs €80 000 today and returns €21 000 at the end of each year for 5 years. The required rate of return is 5%. Find the net present value NPV.

r = 5%CF0 = −80 000CF1 = 21 000CF2 = 21 000CF3 = 21 000CF4 = 21 000CF5 = 21 000
NPV = €
3.Medium
years0123…9€80 000€2 000€2 000€2 000€2 000r = 12%, EAC = ?

A machine costs €80 000 today, lasts 9 years and costs €2 000 per year to run (paid at the end of each year). The cost of capital is 12%. Find its equivalent annual cost EAC.

C0 = €80 000M = €2 000n = 9r = 12%
EAC = €
4.Medium
years01234€80 000€3 000€3 000€3 000€3 000r = 10%, EAC = ?

A machine costs €80 000 today, lasts 4 years and costs €3 000 per year to run (paid at the end of each year). The cost of capital is 10%. Find its equivalent annual cost EAC.

C0 = €80 000M = €3 000n = 4r = 10%
EAC = €
5.Hard
years0123−10 0005 5005 0005 500

A project costs €10 000 and returns €5 500, €5 000, €5 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −10 000CF1 = 5 500CF2 = 5 000CF3 = 5 500
IRR = %
6.Hard
years01234567−40 0009 0009 0009 0009 0009 0009 0009 000

An investment of €40 000 returns €9 000 at the end of each year for 7 years. Find its internal rate of return IRR in percent.

C0 = €40 000CF = €9 000n = 7
IRR = %

Answer key

  1. 1. NPV = 14214 €
  2. 2. NPV = 10919 €
  3. 3. EAC = 17014 €
  4. 4. EAC = 28238 €
  5. 5. IRR = 27.8 %
  6. 6. IRR = 12.84 %

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