41 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 $2.34 million fully installed and has a 10 year life. It will be depreciated to a book value of $247 226.00 and sold for that amount in year 10 b. The Engineering Department spent $11,803.00 researching the various juicers c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $23,760.00 d The PJX5 will reduce operating costs by $470,450.00 per year e CSD's marginal tax rate is 29 00% CSD is 70.00% equity-financed g. CSD's 1200-year, semi-annual pay, 5 60% coupon bond sells for $1,048.00 n CSD's stock currently has a market value of $21.68 and Mr Bensen believes the market estimates that dividends will grow at 3 23% forever Next year's dividend is projected to be $151 Submit Answer format: Currency Round to 2 decimal places