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 00030 00030 00030 00030 00030 000

A project costs €100 000 today and returns €30 000 at the end of each year for 5 years. The required rate of return is 10%. Find the net present value NPV.

r = 10%CF0 = −100 000CF1 = 30 000CF2 = 30 000CF3 = 30 000CF4 = 30 000CF5 = 30 000
NPV = €
2.Easy
years0123−50 00024 50024 50024 500

A project costs €50 000 today and returns €24 500 at the end of each year for 3 years. The required rate of return is 12%. Find the net present value NPV.

r = 12%CF0 = −50 000CF1 = 24 500CF2 = 24 500CF3 = 24 500
NPV = €
3.Medium
years0123−20 0008 0006 0007 000

An investment of €20 000 gives these cash flows at the end of years 1 to 3: €8 000, €6 000, €7 000. The cost of capital is 15%. Find the net present value NPV.

r = 15%CF0 = −20 000CF1 = 8 000CF2 = 6 000CF3 = 7 000
NPV = €
4.Medium
years0123…9−400 00026 000+4%+4%…r = 9%, NPV = ?

A project costs €400 000 today. It generates €26 000 at the end of the first year, and the cash flow then grows by 4% per year forever. The cost of capital is 9%. Find the net present value NPV.

C0 = €400 000CF1 = €26 000g = 4%r = 9%
NPV = €
5.Hard
years012−25 00017 50016 000

A project costs €25 000 and returns €17 500, €16 000 at the end of years 1 to 2. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 17 500CF2 = 16 000
IRR = %
6.Hard
years012−20 00014 50013 500

A project costs €20 000 and returns €14 500, €13 500 at the end of years 1 to 2. Find its internal rate of return IRR in percent.

CF0 = −20 000CF1 = 14 500CF2 = 13 500
IRR = %

Answer key

  1. 1. NPV = 13724 €
  2. 2. NPV = 8845 €
  3. 3. NPV = −3904 €
  4. 4. NPV = 120000 €
  5. 5. IRR = 22.32 %
  6. 6. IRR = 26.05 %

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