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 $1.90 million fully installed and has a 10 year life. It will be depreciated to a book value of $198,462.00 and sold for that amount in year 10. b. The Engineering Department spent $23,342.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $22.498.00. d. The PJX5 will reduce operating costs by $397,906.00 per year. e CSD's marginal tax rate is 38.00% 1. CSD is 58.00% equity-financed 9. CSD's 11.00-year, sem-annual pay, 5.63% coupon bond sells for $1,031.00. h. CSD's stook currently has a market value of $23.90 and Mr. Bensen believes the market estimates that dividends will grow at 3.93% forever. Next year's dividend is projected to be $1.64. Sutimit Answer format: Currency: Round to 2 decimal places