Caspian Sea Drinks is considering the purchase of a plum juicer the PJX5. There is no planned increase in production The Pjxs 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 $2.18 million fully installed and has a 10 year life. It will be depreciated to a book value of $235,863.00 and sold for that amount in year 10. b. The Engineering Department spent $42,359.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $24,054.00 d. The PjX5 will reduce operating costs by $333,549,00 per year. e.CSD's marginal tax rate is 33.00%. 1. CSD is 58.00% equity-financed. 9. CSD'S 15.00-year, semi-annual pay, 5,53% coupon bond sells for $969.00 h. CSO's stock currently has a market value of $21.23 and Mr. Bensen believes the market estimates that dividends will grow at 3,08% forever. Next year's dividend is projected to be $1.43. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Watarantinin rounded to 4 decimal nace lavinnon