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%. f. CSD is 58.00% equity-financed 9.CSD's 11.00-year, semi-annual pay, 5.63% coupon bond sells for $1.031.00 n CSD's stock 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 Submit Answer format: Currency: Round to: 2 decimal places