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 00010 50010 50010 50010 50010 500

A project costs €40 000 today and returns €10 500 at the end of each year for 5 years. The required rate of return is 6%. Find the net present value NPV.

r = 6%CF0 = −40 000CF1 = 10 500CF2 = 10 500CF3 = 10 500CF4 = 10 500CF5 = 10 500
NPV = €
2.Easy
years012345−50 00015 00015 00015 00015 00015 000

A project costs €50 000 today and returns €15 000 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 = −50 000CF1 = 15 000CF2 = 15 000CF3 = 15 000CF4 = 15 000CF5 = 15 000
NPV = €
3.Medium
years01234−60 00021 00022 00015 00024 000

An investment of €60 000 gives these cash flows at the end of years 1 to 4: €21 000, €22 000, €15 000, €24 000. The cost of capital is 15%. Find the net present value NPV.

r = 15%CF0 = −60 000CF1 = 21 000CF2 = 22 000CF3 = 15 000CF4 = 24 000
NPV = €
4.Medium
years0123…9−250 00010 000+3%+3%…r = 8%, NPV = ?

A project costs €250 000 today. It generates €10 000 at the end of the first year, and the cash flow then grows by 3% per year forever. The cost of capital is 8%. Find the net present value NPV.

C0 = €250 000CF1 = €10 000g = 3%r = 8%
NPV = €
5.Hard
years0123−50 00029 50018 00030 000

A project costs €50 000 and returns €29 500, €18 000, €30 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −50 000CF1 = 29 500CF2 = 18 000CF3 = 30 000
IRR = %
6.Hard
years0123−25 00015 50012 0009 000

A project costs €25 000 and returns €15 500, €12 000, €9 000 at the end of years 1 to 3. Find its internal rate of return IRR in percent.

CF0 = −25 000CF1 = 15 500CF2 = 12 000CF3 = 9 000
IRR = %

Answer key

  1. 1. NPV = 4230 €
  2. 2. NPV = 4072 €
  3. 3. NPV = −1519 €
  4. 4. NPV = −50000 €
  5. 5. IRR = 25.65 %
  6. 6. IRR = 24.07 %

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