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
years01234−50 00017 00017 00017 00017 000

A project costs €50 000 today and returns €17 000 at the end of each year for 4 years. The required rate of return is 7.000000000000001%. Find the net present value NPV.

r = 7.000000000000001%CF0 = −50 000CF1 = 17 000CF2 = 17 000CF3 = 17 000CF4 = 17 000
NPV = €
2.Easy
years012345−20 0003 5003 0007 0004 0004 000

A project costs €20 000 today and returns €3 500, €3 000, €7 000, €4 000, €4 000 at the end of years 1 to 5. Assume cash flows arrive evenly through each year. Find the payback period PB in years.

CF0 = −20 000CF1 = 3 500CF2 = 3 000CF3 = 7 000CF4 = 4 000CF5 = 4 000
PB = years
3.Medium
years01234−60 00024 00026 00028 00021 000

An investment of €60 000 gives these cash flows at the end of years 1 to 4: €24 000, €26 000, €28 000, €21 000. The cost of capital is 9%. Find the net present value NPV.

r = 9%CF0 = −60 000CF1 = 24 000CF2 = 26 000CF3 = 28 000CF4 = 21 000
NPV = €
4.Medium
years0123−30 00014 00015 00010 000

An investment of €30 000 gives these cash flows at the end of years 1 to 3: €14 000, €15 000, €10 000. The cost of capital is 12%. Find the net present value NPV.

r = 12%CF0 = −30 000CF1 = 14 000CF2 = 15 000CF3 = 10 000
NPV = €
5.Hard
years0123−40 00026 50026 00018 500

A project costs €40 000 and returns €26 500, €26 000, €18 500 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −40 000CF1 = 26 500CF2 = 26 000CF3 = 18 500
IRR = %
6.Hard
years0123−25 0009 50015 00013 000

A project costs €25 000 and returns €9 500, €15 000, €13 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 9 500CF2 = 15 000CF3 = 13 000
IRR = %

Answer key

  1. 1. NPV = 7583 €
  2. 2. PB = 4.625 years
  3. 3. NPV = 20400 €
  4. 4. NPV = 1576 €
  5. 5. IRR = 37.79 %
  6. 6. IRR = 22.06 %

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