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For the net cash flow series shown, find the external rate of return using the ROIC method at an investment rate of 15% per year.
For the net cash flow series shown, find the external rate of return using the ROIC method at an investment rate of 15% per year. Then, determine if the project is justified at MARR= 14%. Year 0 1 2 3 Net Cash Flow, $ +48,000 +20,000 -90,000 +5000
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