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? # 1 unanswe not submitt a. The PJX5 will cost $2.25 million fully installed and has a 10 year life. It will be depreciated to a book value of $215,718.00 and sold for that amount in year 10. b. The Engineering Department spent $49,164.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $24,435.00. d. The PJX5 will reduce operating costs by $382,338.00 per year. e. CSD's marginal tax rate is 26.00%. f. CSD is 73.00% equity-financed. g. CSD's 10.00-year, semi-annual pay, 6.14% coupon bond sells for $1,014.00. h. CSD's stock currently has a market value of $23.63 and Mr. Bensen believes the market estimates that dividends will grow at 2.30% forever. Next year's dividend is projected to be $1.74. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign roquired. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))