#1 Attemp Caspian Sea Drinks is considering the purchase of a plum juicer - the PJXS. There is no planned increase in production. The PJX5 will reduce costs by squeezing more juice from each plum and doing so in a more efficient manner. Mr. Bensen gave Derek the following information. What is the NPV of the PJX5? a. The PJX5 will cost $2.18 million fully installed and has a 10 year life. It will be depreciated to a book value of $162,952.00 and sold for that amount in year 10. b. The Engineering Department spent $40,791.00 researching the various juicers. C. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $18,221.00 d. The PjX5 will reduce operating costs by $451,898.00 per year. e. CSD's marginal tax rate is 33.00% 1. CSD is 58.00% equity-financed. 9.CSD'S 15.00-year, semi-annual pay, 5.93% coupon bond sells for $1,016,00 h. CSD's stock currently has a market value of $20.64 and Mr. Bensen believes the market estimates that dividends will grow at 2.54% forever. Next year's dividend is projected to be $1.47. Submit Answer format: Currency: Round to: 2 decimal places