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
years012345−100 00036 00036 00036 00036 00036 000

A project costs €100 000 today and returns €36 000 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 = −100 000CF1 = 36 000CF2 = 36 000CF3 = 36 000CF4 = 36 000CF5 = 36 000
NPV = €
2.Easy
years01234−40 00017 50017 50017 50017 500

A project costs €40 000 today and returns €17 500 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 = −40 000CF1 = 17 500CF2 = 17 500CF3 = 17 500CF4 = 17 500
NPV = €
3.Medium
years0123…9−400 00032 000+1%+1%…r = 11%, NPV = ?

A project costs €400 000 today. It generates €32 000 at the end of the first year, and the cash flow then grows by 1% per year forever. The cost of capital is 11%. Find the net present value NPV.

C0 = €400 000CF1 = €32 000g = 1%r = 11%
NPV = €
4.Medium
years0123−60 00014 00026 00019 000

An investment of €60 000 gives these cash flows at the end of years 1 to 3: €14 000, €26 000, €19 000. The cost of capital is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −60 000CF1 = 14 000CF2 = 26 000CF3 = 19 000
NPV = €
5.Hard
years0123−20 0009 0009 50010 000

A project costs €20 000 and returns €9 000, €9 500, €10 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −20 000CF1 = 9 000CF2 = 9 500CF3 = 10 000
IRR = %
6.Hard
years012345−80 00022 50022 50022 50022 50022 500

An investment of €80 000 returns €22 500 at the end of each year for 5 years. Find its internal rate of return IRR in percent.

C0 = €80 000CF = €22 500n = 5
IRR = %

Answer key

  1. 1. NPV = 20678 €
  2. 2. NPV = 22054 €
  3. 3. NPV = −80000 €
  4. 4. NPV = −8697 €
  5. 5. IRR = 19.64 %
  6. 6. IRR = 12.56 %

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