Your agency typically uses a 4% MAR and also employs a 3% risk premium for any costs (current dollars) and a 5% risk premium on any future revenues (current dollars).

a.) Will your agency invest in a project with the following projected cash flow given the above information? why or why not?

Time	Cost ($)	Revenues ($)
0	5,000	0
3	1,000	3,000
8	5,000	0
11	0	15,000

b.) Will this project earn the 4% MAR? Explain