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 $2.08 million fully installed and has a 10 year life. It will be depreciated to a book value of $213,359.00 and sold for that amount in year 10 b. The Engineering Department spent $12,905.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $23,299.00. d. The PJX5 will reduce operating costs by $497,118.00 per year. e. CSD's marginal tax rate is 29.00% f. CSD is 61.00% equity-financed. g. CSD's 16 00-year, semi-annual pay, 5.21% coupon bond sells for $953.00. h. CSD's stock currently has a market value of $24.32 and Mr. Bensen believes the market estimates that dividends will grow at 4.11% forever. Next year's dividend is projected to be $1.66