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 $2.22 million fully installed and has a 10 year life. It will be depreciated to a book value of $202,740.00 and sold for that amount in year 10. b. The Engineering Department spent $16,453.00 researching the various juicers. C. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $16,979.00. d. The PJX5 will reduce operating costs by $365,053.00 per year. e. CSD's marginal tax rate is 22.00%. f. CSD is 55.00% equity-financed. g. CSD's 20.00-year, semi-annual pay, 6.30% coupon bond sells for $1,005.00. h. CSD's stock currently has a market value of $22.16 and Mr. Bensen believes the market estimates that dividends will grow at 2.57% forever. Next year's dividend is projected to be $1.65. 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 $1.72 million fully installed and has a 10 year life. It will be depreciated to a book value of $199,513.00 and sold for that amount in year 10. b. The Engineering Department spent $27,113.00 researching the various juicers C. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $15,873.00. d. The PJX5 will reduce operating costs by $303,778.00 per year. e. CSD's marginal tax rate is 27.00% f. CSD is 62.00% equity-financed. g. CSD's 10.00-year, semi-annual pay, 6.62% coupon bond sells for $978.00. h. CSD's stock currently has a market value of $21.92 and Mr. Bensen believes the market estimates that dividends will grow at 4.34% forever. Next year's dividend is projected to be $1.55. 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))