Caspian Sea Drinks is considering the purchase of a plum jucer - 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 P.JX5 will cost $2.27 millon fully installed and has a 10 year life. it will be depreciated to a book value of $297,276.00 and sold for that amount in year 10 . b. The Engineering Depatment spent $31,029,00 researching the various luicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $16,901.00 : d. The P.XX5 will reduce operating costs by $390.318.00 per year. e. CSD's marginal tax rate is 3400%. f. csD is 62.00% equity-financed. 9 CSD's 16.00 year, sem-annual pay, 6.98% coupon bond sells for $1,040.00. h CSD's stock currently has a market valoe of 324.61 and Mr. Bersen beleves the market estimates that dividends wil grow at 2.31% forever. Next year's dividend is projected to be $1.70. Answer format: Fercentage found to: 2 decinat places (Example. 9.24%, s sign regured Will accept decimal format rounded to 4 decimal places (ex. 0.0924)