Caspian Sea Drinks is considering the purchase of a plum juicer the PJX5. There is no planned increase in production. The PJX5 will reduce costs by squeezing more juice from each plum and doing so in a more efficient manner. Mr. Bensen gave Derek the following information. What is the NPV of the PJX5? a. The PJX5 will cost $1.54 million fully installed and has a 10 year life. It will be depreciated to a book value of $122,932.00 and sold for that amount in year 10. b. The Engineering Department spent $18,245.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $24,619.00. d. The PJX5 will reduce operating costs by $403,698.00 per year. e. CSD's marginal tax rate is 20.00%. f. CSD is 58.00% equity-financed. g. CSD's 20.00-year, semi-annual pay, 6.73% coupon bond sells for $978.00. h. CSD's stock currently has a market value of $23.53 and Mr. Bensen believes the market estimates that dividends will grow at 3.30% forever. Next year's dividend is projected to be $1.58. Submit Answer format: Currency: Round to: 2 decimal places. Caspian Sea Drinks is considering the purchase of a plum juicer the PJX5. There is no planned increase in production. The PJX5 will reduce costs by squeezing more juice from each plum and doing so in a more efficient manner. Mr. Bensen gave Derek the following information. What is the IRR of the PJX5? a. The PJX5 will cost $1.82 million fully installed and has a 10 year life. It will be depreciated to a book value of $284,173.00 and sold for that amount in year 10. b. The Engineering Department spent $27,375.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $20,512.00. d. The PJX5 will reduce operating costs by $467,148.00 per year. e. CSD's marginal tax rate is 38.00%. f. CSD is 70.00% equity-financed. g. CSD's 18.00-year, semi-annual pay, 6.67% coupon bond sells for $985.00. h. CSD's stock currently has a market value of $22.82 and Mr. Bensen believes the market estimates that dividends will grow at 2.44% forever. Next year's dividend is projected to be $1.43. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))