#1 Caspian Sea Drinks is considering the purchase of a plum juicer the PJX5. 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 $2.36 million fully installed and has a 10 year life. It will be depreciated to a book value of $256,875.00 and sold for that amount in year 10. b. The Engineering Department spent $34,089.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $15,944.00. d. The PJX5 will reduce operating costs by $364,079.00 per year. e. CSD's marginal tax rate is 32.00%. f. CSD is 63.00% equity-financed. g. CSD's 12.00-year, semi-annual pay, 5.18% coupon bond sells for $1,003.00. h. CSD's stock currently has a market value of $21.82 and Mr. Bensen believes the market estimates that dividends will grow at 3.06% forever. Next year's dividend is projected to be $1.58. Submit Answer format: Currency: Round to: 2 decimal places. #2 Caspian Sea Drinks is considering the purchase of a plum juicer the PJX5. 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 IRR of the PJX5? a. The PJX5 will cost $2.33 million fully installed and has a 10 year life. It will be depreciated to a book value of $121,543.00 and sold for that amount in year 10. b. The Engineering Department spent $19,936.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $15,368.00. d. The PJX5 will reduce operating costs by $389,150.00 per year. e. CSD's marginal tax rate is 38.00%. f. CSD is 66.00% equity-financed. g. CSD's 17.00-year, semi-annual pay, 5.53% coupon bond sells for $992.00. h. CSD's stock currently has a market value of $24.96 and Mr. Bensen believes the market estimates that dividends will grow at 3.72% forever. Next year's dividend is projected to be $1.76. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))