Question: please answer correctly Casplan Sea Drinks is considering the purchase of a plum juicer - the PJX5. There is no planned increase in production. The

please answer correctly
please answer correctly Casplan Sea Drinks is considering the purchase of a

Casplan 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? a. The PJX5 will cost \$2.11 million fully installed and has a 10 year life. It will be depreciated to a book value of $214,295.00 and sold for that amount in year 10 . b. The Engineering Department spent $40,069.00 researching the various juicers. c. Portions of the plant floor have been redesigned to accommodate the juicer at a cost of $19,566.00. d. The PJX5 will reduce operating costs by $320,731.00 per year. e. CSD's marginal tax rate is 29.00%. f. CSD is 64.00% equity-financed. g. CSD's 14.00 -year, semi-annual pay, 5.90% coupon bond sells for $979.00. h. CSD's stock currently has a market value of $24.91 and Mr. Bensen believes the market estimates that dividends will grow at 3.50% forever. Next year's dividend is profjpcted to be $1.51. 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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