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
years01234−10 0004 5004 5004 5004 500

A project costs €10 000 today and returns €4 500 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 = −10 000CF1 = 4 500CF2 = 4 500CF3 = 4 500CF4 = 4 500
NPV = €
2.Easy
years0123−100 00042 00042 00042 000

A project costs €100 000 today and returns €42 000 at the end of each year for 3 years. The required rate of return is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −100 000CF1 = 42 000CF2 = 42 000CF3 = 42 000
NPV = €
3.Medium
years01234−45 00013 00012 00022 00017 000

An investment of €45 000 gives these cash flows at the end of years 1 to 4: €13 000, €12 000, €22 000, €17 000. The cost of capital is 5%. Find the net present value NPV.

r = 5%CF0 = −45 000CF1 = 13 000CF2 = 12 000CF3 = 22 000CF4 = 17 000
NPV = €
4.Medium
years0123…9−500 00046 000+4%+4%…r = 11%, NPV = ?

A project costs €500 000 today. It generates €46 000 at the end of the first year, and the cash flow then grows by 4% per year forever. The cost of capital is 11%. Find the net present value NPV.

C0 = €500 000CF1 = €46 000g = 4%r = 11%
NPV = €
5.Hard
years0123…9−50 0005 000+4%+4%+4%r = 10%, NPV = ?

A project costs €50 000 today. Its cash flow is €5 000 at the end of year 1 and grows by 4% per year until the last cash flow at the end of year 9. The cost of capital is 10%. Find the net present value NPV.

C0 = €50 000CF1 = €5 000g = 4%n = 9r = 10%
NPV = €
6.Hard
years0123−50 00023 50028 50033 000

A project costs €50 000 and returns €23 500, €28 500, €33 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −50 000CF1 = 23 500CF2 = 28 500CF3 = 33 000
IRR = %

Answer key

  1. 1. NPV = 5957 €
  2. 2. NPV = 10221 €
  3. 3. NPV = 11256 €
  4. 4. NPV = 157143 €
  5. 5. NPV = −16969 €
  6. 6. IRR = 29.95 %

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