The engineering design and testing group for H&M Corp. does contract-based work for automobile manufacturers throughout the world. During the last 4 years, the net cash flows for contract payments have varied widely, as shown below, primarily due to a large manufacturer’s inability to pay its contract fee. Show weather the project is justified or not?

Determine the maximum number of i* values that may satisfy the rate of return(ROR)
Find the External Rate of Return (EROR) by modified rate of return (MIRR) if minimum attractive return (MARR)= 9.5% , ib=9%, and ii =12.5%
Find the EORR by the ROIC (Rate on Invested Capital) method if MARR= 9.5 % and ii= 12.5

J year Cash ($ 1,000) 0 flows +3,000 1 -700 2 -7,100 3 5,800 4 5,600