Caspian Sea Drinks is considering the purchase of a plum juicer the PJX$5.$ There is no planned increase in production. The PJX$5$ 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 PJX$5?$a$.$ The PJX$5$ will cost $$2\mathrm{.}01$ million fully installed and has a $10$ year life. It will be depreciated to a book value of $$116,795\mathrm{.}00$ and sold for that amount in year $10.$b$.$ The Engineering Department spent $$28,724\mathrm{.}00$ researching the various juicers.c$.$ Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $$23,330\mathrm{.}00.$d$.$ The PJX$5$ will reduce operating costs by $$388,271\mathrm{.}00$ per year.e$.$ CSDs marginal tax rate is $24\mathrm{.}00\%.$f$.$ CSD is $71\mathrm{.}00\%$ equity$-$financed.g$.$ CSDs $11\mathrm{.}00-$year, semi$-$annual pay, $6\mathrm{.}84\%$ coupon bond sells for $$1,030\mathrm{.}00.$h$.$ CSDs stock currently has a market value of $$20\mathrm{.}59$ and Mr$.$ Bensen believes the market estimates that dividends will grow at $2\mathrm{.}28\%$ forever. Next years dividend is projected to be $$1\mathrm{.}70.$ SubmitAnswer format: Percentage Round to: $2$ decimal places $($Example: $9\mathrm{.}24\%,\%$ sign required. Will accept decimal format rounded to $4$ decimal places $($ex: $0\mathrm{.}0924))$