Use the figures provided in Section I (Chapters 4 and 9) and calculate the EVA and the
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Use the figures provided in Section I (Chapters 4 and 9) and calculate the EVA and the MVA of ArcelorMittal in 2020. The weighted average cost of capital of ArcelorMittal is 10% and it has a market capitalisation of $28.480m. Suppose the tax rate is 25% due to losses. Are you surprised that the ArcelorMittal MVA was negative?
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Related Book For 
Corporate Finance Theory And Practice
ISBN: 9781119841623
6th Edition
Authors: Pascal Quiry, Yann Le Fur, Pierre Vernimmen
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