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 julce 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 $1.98 million fully installed and has a 10 year life. It will be depreciated to a book value of $159,558.00 and sold for that amount in year 10. b. The Engineering Department spent $41,269.00 researching the various ulcers. c. Portions of the plant floor have been redesigned to accommodate the Julcer at a cost of $17.293.00 d. The PJX5 will reduce operating costs by $400,929.00 per year. e. CSD's marginal tax rate is 26.00%. 1. CSD is 64.00% equity-financed. g. CSD's 10.00-year, semi-annual pay, 6.11% coupon bond sells for $989.00 h. CSD's stock currently has a market value of $24.93 and Mr. Bensen belleves the marcet estimates that dividends will grow at 2.83% forever. Next year's dividend is projected to be $1.41. 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))