Question: Answer format: Percentage Pound to: 2 decimal places (Example: 9.24% % sign required. Will accept decimal format Founded to 4 decimal places fex: 0.0924 Show

 Answer format: Percentage Pound to: 2 decimal places (Example: 9.24% %

Answer format: Percentage Pound to: 2 decimal places (Example: 9.24% % sign required. Will accept decimal format Founded to 4 decimal places fex: 0.0924 Show Hint BO Antero Remaining Infinity 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 milion. The plant and equipment will be depreciated over 10 years to a book value of $2.00 milion, and sold for that amount in year 10. Not working capital will increase by $1.04 million at the beginning of the project and will be recovered at the end. The new diet rink will produce revenues of $0.15 milion per year and cost $168 million per year over the 10-yewife of the project Marketing sms 11.00% of the buyers of the diet drink will be people who will switch from the regular drink. The marginal tax rate is 20.00. The WACC is 19.00%. Find the NPV net present value Answer format: Currency: Round to: 2 decimal places 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 million. The plant and equipment will be depreciated over 10 years to a book value of $3.00 million and sold for that amount in year 10. Net working capital will increase by bio.ch than ad Points: 2/4 Grade: 50% Progress: 50 atv

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