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
years012345−40 00014 50014 50014 50014 50014 500

A project costs €40 000 today and returns €14 500 at the end of each year for 5 years. The required rate of return is 12%. Find the net present value NPV.

r = 12%CF0 = −40 000CF1 = 14 500CF2 = 14 500CF3 = 14 500CF4 = 14 500CF5 = 14 500
NPV = €
2.Easy
years01234−10 0003 5003 5003 5003 500

A project costs €10 000 today and returns €3 500 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 = −10 000CF1 = 3 500CF2 = 3 500CF3 = 3 500CF4 = 3 500
NPV = €
3.Medium
years01234−30 0009 00015 0009 00011 000

An investment of €30 000 gives these cash flows at the end of years 1 to 4: €9 000, €15 000, €9 000, €11 000. The cost of capital is 8%. Find the net present value NPV.

r = 8%CF0 = −30 000CF1 = 9 000CF2 = 15 000CF3 = 9 000CF4 = 11 000
NPV = €
4.Medium
years0123−45 00010 00012 00017 000

An investment of €45 000 gives these cash flows at the end of years 1 to 3: €10 000, €12 000, €17 000. The cost of capital is 12%. Find the net present value NPV.

r = 12%CF0 = −45 000CF1 = 10 000CF2 = 12 000CF3 = 17 000
NPV = €
5.Hard
years0123−40 00023 00018 50025 500

A project costs €40 000 and returns €23 000, €18 500, €25 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −40 000CF1 = 23 000CF2 = 18 500CF3 = 25 500
IRR = %
6.Hard
years0123456−50 0009 000+5%+5%+5%+5%+5%r = 10%, NPV = ?

A project costs €50 000 today. Its cash flow is €9 000 at the end of year 1 and grows by 5% per year until the last cash flow at the end of year 6. The cost of capital is 10%. Find the net present value NPV.

C0 = €50 000CF1 = €9 000g = 5%n = 6r = 10%
NPV = €

Answer key

  1. 1. NPV = 12269 €
  2. 2. NPV = −7.576 €
  3. 3. NPV = 6423 €
  4. 4. NPV = −14405 €
  5. 5. IRR = 30.43 %
  6. 6. NPV = −6161 €

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