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 $1.95 milion fully installed and has a 10 year life. It will be depreciated to a book value of $186,117.00 and sold for that amount in year 10 . b. The Engineering Department spent $23,676.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodato the juicer at a cost of $23,844,00. d. The PJX5 will reduce operating costs by $339,693.00 per year. e. CSD's marginal tax rate is 34.00%. f. CSD is 59.00% oquity-financed. g. CSD's 17.00-year, semi-annual pay, 6.26\% coupon bond sells for $1,030.00. h. CSD's stock currently has a market value of $22.24 and Mr. Bensan believes the market estimates that dividends will grow at 2.31% forever. Next year's dividend is projected to be $1.55. Answer format: Currency: Aound to: 2 decimal places