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Caspian Sea Drinks is considering the purchase of a new water fitration system produced by Rube Goldberg Machines: This new equipment, the RGM-7000, will allow

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Caspian Sea Drinks is considering the purchase of a new water fitration system produced by Rube Goldberg Machines: This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $14.00 million fully installed and will be fulty depreciated over a 15 year life, then removed for no cost. The RGM-7000 will result in additional revenues of 32.95 million per year and increased operating costs of $764.490.00 per year. Caspian Sea Drinks' marginal tax rate is 32.00%. The internal rate of return for the RGM-7000 is Answer formar: Percentage Round to: 4 decimal places fExample: 9.2434%, th aign required: Wit yocept decimal format rounded to 6 decimal places fex 0.092434) )

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