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 $2.39 million fully installed and has a 10 year life. It will be depreciated to a book value of $249.946.00 and sold for that amount in year 10 b. The Engineering Department spent $41.253.00 researching the various juicers c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $18,566.00 d. The PJX5 will reduce operating costs by $494,197.00 per year. e CSD's marginal tax rate is 29.00% f. CSD is 66.00% equity-financed. 9. CSD's 19.00-year, semi-annual pay, 5.34% coupon bond sells for $1,046,00 h. CSD's stock currently has a market value of $20.46 and Mr. Bensen believes the market estimates that dividends will grow at 3.50% forever. Next year's dividend is projected to be $161. Submit Answer format: Currency: Round to: 2 decimal places