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Please show all work! thanks #2 Caspian Sea Drinks is considering the purchase of a plum juicer the PJX5. There is no planned increase in

Please show all work! thanks

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#2 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? unanswered not_submitted a. The PJX5 will cost $2.02 million fully installed and has a 10 year life. It will be depreciated to a book value of $172,550.00 and sold for that amount in year 10. Attempts Remaining: Infinity b. The Engineering Department spent $26,038.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $19,477.00. d. The PJX5 will reduce operating costs by $360,736.00 per year. e. CSD's marginal tax rate is 24.00%. f. CSD is 56.00% equity-financed. g. CSD's 10.00-year, semi-annual pay, 5.86% coupon bond sells for $963.00. h. CSD's stock currently has a market value of $24.25 and Mr. Bensen believes the market estimates that dividends will grow at 4.28% forever. Next year's dividend is projected to be $1.59. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.24%, % sign required. Will accept decimal format rounded to 4 decimal places (ex: 0.0924))

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