Book Value Fair Market Value Current Assets P 800,000 Non-Current Assets 3,200,000 400,000 Current Liabilities Non-Current Liabilities (8% interest rate) Stockholders' Equity 1,000,000 P 1,000,000 2,600,000 3,000,000 During the year, the company earned income before interest and taxes of P 800,000. It pays income tax at the rate of 25%. Its cost of equity capital is 12% Required: 1. What is the weighted average cost of capital? (2 decimal places) % 2. How much is the EVA? P