A Caspian Sea Drinks is considering the purchase of a plum juicer - the PjX5. There is no planned increase in production The Puxs will reduce costs by squeezing more juice from each plum and doing so in a more efficient manner. Mr. Benson gave Dorok the following information. What is the IRR of the PJX5? a. The PJX5 will cost $1.72 million fully installed and has a 10 year life. It will be depreciated to a book value of $260,873.00 and sold for that amount in year 10. b. The Engineering Department spont $26,729.00 researching the various juicers c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $16,977.00 d. The PjX5 will reduce operating costs by $313,330.00 per year. CSD's marginal tax rate is 36.00% 1. CSD 1S 60.00%-equity-financed. 9. CSD's 10,00-year, semi-annual pay, 5,92% coupon bond sols for $974.00. n. CSD's stock currently has a market value of $20.88 and Mr. Bensen believes the market estimates that dividends will grow at 4.13% forever. Next year's dividend is projected to be $1.76. Submit Answer format: Percentage Round to: 2 decimal places (Example: 9.26%, % sign required. Ww accept decimal format rounded to 4 decimal places (ex: 0.0924) Caspian Sea Drinks is considering the purchase of a new water filtration system produced by Rube Goldberg Machines This now equipment, the RGM-7000, will allow Caspian Sea Drinks to expand production. It will cost $13.00 million fully installed and will be fully depreciated over a 20 year ife, then removed for no cost. The RGM-7000 will result in additional revenues of $3.97 million per year and increased operating costs of $685,794.00 per year. Caspian Sea Drinio marginal tax rate in 32.00% 1 Caspian Sea Drinks uses a 10.00% discount rate, then the net present value of the RGM-7000 15 Submit Answer format: Currency: Round to: 2 decimal places