Caspian Sea Drinks is considering the purchase of a plum juicer - the PUXSThere 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 88 million fully installed and has a 10 year life. It will be depreciated to a book value of $124 418 00 and sold for that amount in year 10 b. The Engineering Department spent $21 081.00 researching the various juicers c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $20.113.00 d. The PJX5 will reduce operating costs by $454 53300 per year e CSD's marginal tax rate is 36.00% f. CSD is 74.00% equity-financed 9. CSD's 15.00-year, semi-annual pay, 6 89% coupon bond sells for $1.031.00 h. CSD's stock currently has a market value of $23.64 and Mr Bensen believes the market estimates that dividends will grow at 3 69% forever. Next year's dividend is projected to be $163 Submit Answer format: Percentage Round to 2 decimal places (Example. 9 24%. % sign required Will accept decimal format rounded to 4 decimal places (ex 00924))