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 $1.76 million fully installed and has a 10 year life. It will be depreciated to a book value of $145,731.00 and sold for that amount in year 10. b. The Engineering Department spent $36,375.00 researching the various juicers. C. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $22,008.00 d. The PJX5 will reduce operating costs by S415,057.00 per year. e. CSD's marginal tax rate is 22.00% f. CSD is 60.00% equity-financed. g. CSD's 20.00-year, semi-annual pay, 6.90% coupon bond sells for $959.00 h. CSD's stock currently has a market value of S21.67 and Mr. Bensen believes the market estimates that dividends will grow at 2.86% forever. Next year's dividend is projected to be $1.79. Submit Answer format: Currency: Round to: 2 decimal places