Calculating EVA interest. Brewster's marginal tax rate is $40$ percent. The company is considered a fairly risky investment and probably commands a $12-$point premium above the $4$ percent rate on long$-$term Treasury bonds. considering.

Required:

Use a spreadsheet to perform your calculations and round all interim and percentage figures to four decimal places. If the EVA is negative, enter your answer as a negative amount.

No changes are made; calculate EVA using the original data.

$ $x$ bills to $10$ percent $k$ first year and $7$ percent the second year. Calculate revised EVA for both years.

EVA

Year $1,$$

Year $2,$$ $1,$ the premium will be $10$ percent above the long$-$term Treasury rate. In Year $2,$ It will be $7$ percent above the long$-$term Treasury rate. $($Hint: You will calculate three EVAs for this requirement.$)$

$\backslash$table$[[,,$EVA$],[$Year $1,$$$,],[$Year premium