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 $2.10 million fully installed and has a 10 year life. It will be depreciated to a book value of $244,362.00 and sold for that amount in year 10. b. The Engineering Department spent $20,517.00 researching the various juicers c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $21.483.00 d. The PJX5 will reduce operating costs by $434,439.00 per year. e. CSD's marginal tax rate is 29.00%. f. CSD is 75.00% equity-financed. g. CSD's 19.00-year, semi-annual pay, 5.69% coupon bond sells for $1,034.00 h CSD's stock currently has a market value of $2361 and Mr Bensen believes the market estimates that dividends will grow at 2.29% forever. Next year's dividend is projected to be $166 Submit Answer format: Currency Round to: 2 decimal places