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ABC Company had EBIT of $ 5 0 0 , 0 0 0 . The applied tax rate was 3 0 % . ABC's total

ABC Company had EBIT of $500,000. The applied tax rate was 30%. ABC's total capitalization was $5,000,000, with a capital structure: 1/3 financed by debt and 2/3 financed by equity. The costs of equity and debt are respectively 9% and 3%. Calculate ABC's EVA.
a.
$0
b.
$100,000
c.
-$150,000
d.
$150,000

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