19) Times Corporation, whose tax rate is 30%, has two sources of funds: long-term debt with a market value of $6,500,000 and an interest rate of 7%, and equity capital with a market value of $18,000,000 and a cost of equity of 11%. Times Corporation's after-tax cost of debt is A) 11.00% B) 4.90% C) 9.38% D) 7.00% 25) Coldbrook Company has two sources of funds: long-term debt with a market and book value of $17,000,000 issued at an interest rate of 11%, and equity capital that has a market value of $3,000,000 (book value of $4,000,000). Coldbrook Company has profit centers in the following locations with the following operating incomes, total assets, and current liabilities. The cost of equity capital is 15%, while the tax rate is 35%. Operating Income Assets Current Liabilities Bish Bash Falls $816,000 $4,000,000 $830,000 Brooksville $1,100,000 $5,000,000 $1,200,000 Stonybrook $2,450,000 $9,250,000 $3,180,000 What is the EVA for Bish Bash Falls? (Round intermediary calculations to four decimal places.) A) $266,339 B) $530,400 C) $264,061 D) $159,638