For a given company studies indicate that due to the nature of contract business, any excess funds generated are expected to earn at a rate of 9% per year. Use the ROIC method to determine the rate of return on invested capital value for the given cash flow series. (XO=$1,700, X1 =$-700, X2=$-6,400, X3=$6,600) Yantnz: 28.3% 11.3% O 19.8% O 21.2% 31.2% 51% 38.2% O 7.1% 45.3% For a given company studies indicate that due to the nature of contract business, any excess funds generated are expected to earn at a rate of 9% per year. Use the ROIC method to determine the rate of return on invested capital value for the given cash flow series. (XO=$1,700, X1 =$-700, X2=$-6,400, X3=$6,600) Yantnz: 28.3% 11.3% O 19.8% O 21.2% 31.2% 51% 38.2% O 7.1% 45.3%