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 $2.23 million fully installed and has a 10 year life. It will be depreciated to a book value of $103,618.00 and sold for that amount in year 10.

b. The Engineering Department spent $49,273.00 researching the various juicers.

c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $24,600.00.

d. The PJX5 will reduce operating costs by $427,706.00 per year.

e. CSDs marginal tax rate is 37.00%.

f. CSD is 57.00% equity-financed.

g. CSDs 15.00-year, semi-annual pay, 6.12% coupon bond sells for $999.00.

h. CSDs stock currently has a market value of $23.03 and Mr. Bensen believes the market estimates that dividends will grow at 3.82% forever. Next years dividend is projected to be $1.68.

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 IRR of the PJX5?

a. The PJX5 will cost $1.61 million fully installed and has a 10 year life. It will be depreciated to a book value of $249,288.00 and sold for that amount in year 10.

b. The Engineering Department spent $19,454.00 researching the various juicers.

c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $17,599.00.

d. The PJX5 will reduce operating costs by $364,772.00 per year.

e. CSDs marginal tax rate is 38.00%.

f. CSD is 55.00% equity-financed.

g. CSDs 19.00-year, semi-annual pay, 6.44% coupon bond sells for $979.00.

h. CSDs stock currently has a market value of $23.91 and Mr. Bensen believes the market estimates that dividends will grow at 2.62% forever. Next years dividend is projected to be $1.50.

(I did everything except find the NPV with all of the values I found so please explain how to do that in detail. With a financial calculator if possible. Also I need 4 decimal places for this)