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 $2.14 million fully installed and has a 10 year life. It will be depreciated to a book value of $161.694.00 and sold for that amount in year 10. b. The Engineering Department spent $34.106.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $22,578.00 d. The PJX5 will reduce operating costs by $399,450.00 per year e. CSD's marginal tax rate is 22.00% 1. CSD is 62,00% equity-financed GCSD's 13.00-year, semi-annual pay, 6,47% coupon bond sells for $977.00 h. CSD's stock currently has a market value of $23 76 and Mr. Bensen believes the market estimates that dividends will grow at 2.50% forever. Next year's dividend is projected to be $1.59. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required il accept decimal format rounded to 4 decimal places (ex 0.0924)