Consider the invest project with net cash flows shown. Determine the following:

a. Use Excel to determine the 2 rates of return.

b. Apply the net investment test at the lower rate of return

c. Is this a mixed investment?

d. Calculate RIC at an MARR of 18%.

e. Calculate the MIRR assuming all inflows and outflows are compounded and discounted at an MARR of 18%.

f. Is this a good investment?

n	Net Cash Flow
0	-$8000
1	$10000
2	$30000
3	-$40000