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
years01234−40 00015 00015 00015 00015 000

A project costs €40 000 today and returns €15 000 at the end of each year for 4 years. The required rate of return is 5%. Find the net present value NPV.

r = 5%CF0 = −40 000CF1 = 15 000CF2 = 15 000CF3 = 15 000CF4 = 15 000
NPV = €
2.Easy
years01234−20 0006 5004 0005 5007 000

A project costs €20 000 today and returns €6 500, €4 000, €5 500, €7 000 at the end of years 1 to 4. Assume cash flows arrive evenly through each year. Find the payback period PB in years.

CF0 = −20 000CF1 = 6 500CF2 = 4 000CF3 = 5 500CF4 = 7 000
PB = years
3.Medium
years0123−20 0007 0008 0005 000

An investment of €20 000 gives these cash flows at the end of years 1 to 3: €7 000, €8 000, €5 000. The cost of capital is 10%. Find the net present value NPV.

r = 10%CF0 = −20 000CF1 = 7 000CF2 = 8 000CF3 = 5 000
NPV = €
4.Medium
years01234−45 00012 00010 00019 00011 000

An investment of €45 000 gives these cash flows at the end of years 1 to 4: €12 000, €10 000, €19 000, €11 000. The cost of capital is 9%. Find the net present value NPV.

r = 9%CF0 = −45 000CF1 = 12 000CF2 = 10 000CF3 = 19 000CF4 = 11 000
NPV = €
5.Hard
years012−25 00015 00015 000

A project costs €25 000 and returns €15 000, €15 000 at the end of years 1 to 2. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 15 000CF2 = 15 000
IRR = %
6.Hard
years0123…8−80 00013 00013 00013 00013 000

An investment of €80 000 returns €13 000 at the end of each year for 8 years. Find its internal rate of return IRR in percent.

C0 = €80 000CF = €13 000n = 8
IRR = %

Answer key

  1. 1. NPV = 13189 €
  2. 2. PB = 3.571 years
  3. 3. NPV = −3268 €
  4. 4. NPV = −3110 €
  5. 5. IRR = 13.07 %
  6. 6. IRR = 6.229 %

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