Question: Need help solving these: Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine

Need help solving these:

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.60 million and create incremental cash flows of $591,135.00 each year for the next five years. The cost of capital is 11.13%. What is the internal rate of return for the J-Mix 2000?

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.85 million and create incremental cash flows of $505,435.00 each year for the next five years. The cost of capital is 10.06%. What is the profitability index for the J-Mix 2000?

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