1. Efficient light jets (ELJs) are smaller aircraft that may revolutionize the way people travel by plane. Eclipse Aerospace was founded in 2005, and its sole business is making ELJs. The net cash flows of a company from 2005 to 2012 in million dollar are listed below. Do the following.

(a) Check for multiple rates of return.

(b) Plot the PW versus i graph using spreadsheet or hand and Find all rates that are real numbers between -50% and +100%, using hand and spreadsheet function.

(c) Indicate which is the best and correct i* value to use in a PW analysis.