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dont copy from any where please attempet if you sure Caspian Sea Drinks is considering the production of a diet drink. The expansion of the

dont copy from any where please attempet if you sure

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Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will.cost $22.00 millionThe plant and equipment will be depreciated over 10 years to a book value of $100 million, and sold for that amount in year 10. Net working capital will increase by $1.11 million at the beginning of the project and will be recovered at the end The new diet drink will produce revenues of $881 million per year and cost $2.04 million per year over the 10 year.life of the project Marketing estimates 18.00.% of the buyers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 3100% The WACC is 11.00% Find the IRR internal rate of retura) Answer formal Percentage Round to 4 decimal places Example 9.2434% % Sign required Willaccept decimal format rounded to 6 decimal places (ex 0.092434)

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