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 $1.67 million fully installed and has a 10 year life. It will be depreciated to a book value of $200,657.00 and sold for that amount in year 10 . b. The Engineering Department spent $12,728.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodato the juicer at a cost of $16,688,00. d. The PJX5 will reduce operating costs by $315,249.00 per year. e. CSD's marginal tax rate is 27.00%. 1. CSD is 74,00% equity-financed. g. CSD's 11.00 -year, semi-annual pay, 6.76% coupon bond sells for $985.00. h. CSD's stock currently has a market value of $22.66 and Mr. Bensen believes the market estimates that dividends will grow at 4.42% forever. Next year's dividend is projected to be $1.46. Answor format: Currency: Round to: 2 decimal places