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Caspian Sea Drinks is considering the purchase of a new water filtration 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 filtration system produced by Rube Goldberg Machines This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $13.00 million fully installed and will be fully depreciated over a 15 year life, then removed for no cost The RGM-7000 will result in additional revenues of $3.27 million per year and increased operating costs of $745,104.00 per year. Caspian Sea Drinks' marginal tax rate is 23.00%. The internal rate of return for the RGM-7000 is Submit Answer format: Percentage Round to 4 decimal places (Example 9 2434% % sign required WWI accept decimal format rounded to 6 decimal places (ex: 0.092434)) Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines This new equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production it will cost $13.00 million fully installed and will be fully depreciated over a 20 year life, then removed for no cost. The RGM-7000 will result in additional revenues of $2.90 million per year and increased operating costs of $565 212.00 per year Caspian Sea Drinks' marginal tax rate is 30.00% If Caspian Sea Drinks uses a 12.00% discount rate, then the net present value of the RGM-7000 is Submit Answer format: Currency Round to 2 decimal places

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