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Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce

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Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $25.00 mittion. The plant and equipment will be depreciated over 10 years to a book value of $2.00 million, and sold for that amount in year 10 . Net working capital wit increase by $1.00 million at the beginning of the project and will be recovered at the end. The new diet drink will produce revenues of $9.30 milion per year and cost \$2.10 million per year over the 10-year life of the project. Marketing estimates 20.00% of the buyers of the diet drink will be people Who will switch from the regular drink. The marginal tax rate is 20.00%. The WACC is 15.00% Find the NPV (net present value). Answer format: Gurrency. Round to: 2 decimal places Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $28.00 milion The plant and equipment will be depreciated over 10 years to a book value of $3:00 mialon, and sold for that amount in year 10 Net working capital will increase by $1.48 mulion at the beginning of the project and wil be recovered at the end The new diet drink will produce revenues of $9.49 milion per year and cost $2.15 million per year over the 10-ycar life of the project. Marketing estimates 10.00% of the buyers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 26.00%. The WACC is 1300%. Find the IFR (internat rate of return) Answer format: Percentage Round to 4 decimal places (Example: 9.2434%, \% sign required Wil accept decimal format rounded to 6 decimalplaces (ex 0.092434 )

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