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Please answer both Caspian Sea Drinks is considering the production of a diet drink. The expansion of the plant and the purchase of the equipment

Please answer both
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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 $2400 million The plant and equipment will be depreciated over 10 years to a book value of $2.00 million, and sold for that amount in year 10 Net working capital will increase by $1.04 million at the beginning of the project and will be recovered at the end The new diet drink will produce revenues of $8 80 million per year and cost $2 23 million per year over the 10-year life of the project. Marketing estimates 10 00% of the brvers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 20.00%. The WACC is 0.00% Find the NPV (net present value) Submit Answer format: Currency Round to 2 decimal places Caspian Sea Drinks is considering tho production of a diet drink. The expansion of the plant and the purchase of the equipment necessary to produce the diet drink will cost $26 00 million. The plant and equipment will be depreciated over 10 years to a book value of $200 million, and sold for that amount in year 10 Net working capital will increase by $1.42 million at the beginning of the project and will be recovered at the end The new diet drink will produce revenues of $933 million per year and cost $179 million per year over tho 10-year life of the project Marketing estimates 10.00% of the buyers of the diet drink will be people who will switch from the regular drink The marginal tax rate is 32.00%. The WACC is 100% Find the IRR (internal rate of retum) Submit Answer format: Porcentage Round to 4 decimal places (Example 9.2434%, % sign required. Wil accopt decima format rounded to 6 decimal places (ex 0 092434))

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