Question: PLEASE ONLY SHOWHOW TO SOLVE USING TVM SOLVER ON BA II PLUS OR FINANCIAL CALCULATOR FORMULAS WILL BE GREAT AS WELL! Caspian Sea Drinks is

PLEASE ONLY SHOWHOW TO SOLVE USING TVM SOLVER ON BA II PLUS OR FINANCIAL CALCULATOR

FORMULAS WILL BE GREAT AS WELL!

Caspian Sea Drinks is considering buying the J-Mix 2000. It will allow them to make and sell more product. The machine cost $1.29 million and create incremental cash flows of $794,762.00 each year for the next five years. The cost of capital is 8.33%. What is the net present value of 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 $1.81 million and create incremental cash flows of $524,651.00 each year for the next five years. The cost of capital is 8.76%. What is the internal rate of return for the J-Mix 2000?

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