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 $$15\mathrm{.}00$ million fully installed and will be fully depreciated over a $20$ year life, then removed for no cost$.$ The RGM$-7000$ will result in additional revenues of $$3\mathrm{.}52$ million per year and increased operating costs of $$581,280\mathrm{.}00$ per year. Caspian Sea Drinks' marginal tax rate is $33\mathrm{.}00\%.$ If Caspian Sea Drinks uses a $12\mathrm{.}00\%$ discount rate, then the net present value of the RGM$-7000$ is $\_\_\_\_\_.$

Caspian Sea Drinks' is financed with $68\mathrm{.}00\%$ equity and the remainder in debt. They have $12\mathrm{.}00-$year, semi$-$annual pay, $5\mathrm{.}71\%$ coupon bonds which sell for $97\mathrm{.}19\%$ of par. Their stock currently has a market value of $$24\mathrm{.}95$ and Mr$.$ Bensen believes the market estimates that dividends will grow at $3\mathrm{.}16\%$ forever. Next year$$s dividend is projected to be $$2\mathrm{.}57.$ Assuming a marginal tax rate of $23\mathrm{.}00\%,$ what is their WACC $($weighted average cost of capital$)?$

$($beta is not available$)$