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
years012345−80 00026 50026 50026 50026 50026 500

A project costs €80 000 today and returns €26 500 at the end of each year for 5 years. The required rate of return is 9%. Find the net present value NPV.

r = 9%CF0 = −80 000CF1 = 26 500CF2 = 26 500CF3 = 26 500CF4 = 26 500CF5 = 26 500
NPV = €
2.Easy
years0123−10 0004 5004 5004 500

A project costs €10 000 today and returns €4 500 at the end of each year for 3 years. The required rate of return is 5%. Find the net present value NPV.

r = 5%CF0 = −10 000CF1 = 4 500CF2 = 4 500CF3 = 4 500
NPV = €
3.Medium
years0123…9−100 00010 000+2%+2%…r = 11%, NPV = ?

A project costs €100 000 today. It generates €10 000 at the end of the first year, and the cash flow then grows by 2% per year forever. The cost of capital is 11%. Find the net present value NPV.

C0 = €100 000CF1 = €10 000g = 2%r = 11%
NPV = €
4.Medium
years0123…9€30 000€1 000€1 000€1 000€1 000r = 5%, EAC = ?

A machine costs €30 000 today, lasts 9 years and costs €1 000 per year to run (paid at the end of each year). The cost of capital is 5%. Find its equivalent annual cost EAC.

C0 = €30 000M = €1 000n = 9r = 5%
EAC = €
5.Hard
years0123−40 00023 50018 50023 500

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

CF0 = −40 000CF1 = 23 500CF2 = 18 500CF3 = 23 500
IRR = %
6.Hard
years012−10 0005 0007 000

A project costs €10 000 and returns €5 000, €7 000 at the end of years 1 to 2. Find its internal rate of return IRR in percent.

CF0 = −10 000CF1 = 5 000CF2 = 7 000
IRR = %

Answer key

  1. 1. NPV = 23076 €
  2. 2. NPV = 2255 €
  3. 3. NPV = 11111 €
  4. 4. EAC = 5221 €
  5. 5. IRR = 29.5 %
  6. 6. IRR = 12.32 %

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