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 IRR of the PJX5? a The PJX5 will cost $2.03 million fully installed and has a 10 year life. It will be depreciated to a book value of $171,621.00 and sold for that amount in year 10 b. The Engineering Department spent $15.115.00 researching the various juicers C. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $22,546.00 d. The PJX5 will reduce operating costs by $315,779.00 per year e CSD's marginal tax rate is 21.00% 1. CSD is 58.00% equity-financed g. CSD's 12.00-year, semi-annual pay, 5.81% coupon bond sells for $1,029.00. h CSD's stock currently has a market value of $24 25 and Mr. Bensen believes the market estimates that dividends will grow at 3.44% forever. Next year's dividend is projected to be $1.44 Submit Answer format: Percentage Round to: 2 decimal places (Example 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex 0.0924))