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 $12.00 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 $3.45 million per year and increased operating costs of S581.260.00 per year Caspian Sea Drinks' marginal tax rate is 33.00% If Caspian Sea Drinks uses a 9.00% discount rate, then the net present value of the RGM-7000 is Submit Answer format: Currency Round to 2 decimal places Caspian Sea Drinks' is financed with 67.00% equity and the remainder in debt. They have 10.00-year, semi-annual pay, 5 25% coupon bonds which sell for 98.77% of par. Their stock currently has a market value of $24.21 and Mr Bensen believes the market estimates that dividends will grow at 3 49% forever . Next year's dividend is projected to be $2.37 Assuming a marginal tax rate of 24.00%, what is their WACC (weighted average cost of capital? Submit Answer formar: Percentage Round 10: 2 decimal places (Example: 9.24%, % sign required. Wir accept decimal format rounded to 4 decimal places (ex 0.0924)