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 $2.02 million fully installed and has a 10 year life. It will be depreciated to a book value of $236,490.00 and sold for that amount in year 10 . b. The Engineering Department spent $46,231.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $18,774,00. d. The PJX5 will reduce operating costs by $438,109.00 per year. e. CSD's marginal tax rate is 25.00%. f. CSD is 60.00% equity-financed. 9. CSD's 16.00-year, semi-annual pay, 5.77% coupon bond sells for $1,034.00. h. CSD's stock currently has a market value of $21.52 and Mr. Bensen believes the market estimates that dividends will grow at 4.32% forever. Next year's dividend is projected to be $1.45. Answer format: Currency: Round to: 2 decimal places