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 $1.83 million fully installed and has a 10 year life. It will be depreciated to a book value of $290,005.00 and sold for that amount in year 10 b. The Engineering Department spent $13,691.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $16,089.00. d. The PJX5 will reduce operating costs by $442,716.00 per year. e. CSD's marginal tax rate is 26.00%. f. CSD is 60.00% equity-financed. g. CSD's 15.00-year, semi-annual pay, 5.22% coupon bond sells for $1,013.00. h. CSD's stock currently has a market value of $21.07 and Mr. Bensen believes the market estimates that dividends will grow at 3.48% forever. Next year's dividend is projected to be $1.69. Submit Answer format: Currency: Round to: 2 decimal places