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A firm has an average investment of $10,000 during the year. During the same period, the firm generates after-tax income of $1,000. Calculate the economic

A firm has an average investment of $10,000 during the year. During the same period, the firm generates after-tax income of $1,000. Calculate the economic value added (EVA) for the firm. (The cost of capital is 15 percent.)

Multiple Choice

$1,000
$1,200
$1,500

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