3 #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 $1 88 million fully installed and has a 10 year life. It will be depreciated to a book value of $250 842.00 and sold for that amount in year 10 b The Engineering Department spent $23,085.00 researching the various juicers c Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $18,812.00 d. The PJX5 will reduce operating costs by $373 542.00 per year e CSD's marginal tax ratejs 35.00% 1 CSD is 74 00% equity-financed G CSD's 17 00-year, semi-annual pay, 6.83% coupon bond sells for $1,039 00 h CSD's stock currently has a market value of $22 80 and Mr Bensen believes the market estimates that dividends will grow at 2 98% forever Next year's dividend is projected to be $1.50 Submit Answer format: Percentage Round fo 2 decimal places (Example 9 24%, % sign required Will accept decimal format rounded to 4 decimal places (ex 0 0924))