#2 Caspian Sea Drinks is considering the purchase of a plum jucer - the Pjxs. There is no planned increase in production The PJXs will reduce costs by squeezing moro juice from each plum and doing so in a more efficient manner. Me Bensen gave Derek the following information. What is the IRR of the PJXS? a. The PJX5 will cost $1.50 million fully installed and has a 10 year life. It will be depreciated to a book value of $274,721.00 and sold for that amount in year 10. b. The Engineering Department spent $27.292.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $23.283.00. d. The PJXs wil reduce operating costs by S407,701.00 per year. .. CSD's marginal tax rate is 35.00% 1. CSD is 58.00% equity-financed. 9. CSD'S 19.00-year, semi-annual pay, 6.97% coupon bond sells for $997.00 h. CSD's stock currently has a market value of $22.56 and Mr. Bensen believes the market estimates that dividends wa grow at 3.81% forever. Next year's dividend is projected to be $1.78. Sot 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)