12. A corporation has issued stock. If the after-tax income 12.16%, the EVA is: a $1,248,000 b. (51,284,000) ation has issued 52 million oflenter honds paving 8% interest and $8 million of common alter-tax income $2,500,000, the capital employed -$10 million, and the cost of capital is $2.50 c. $1.284.000 d. $1.121.600