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Casey Motors recently reported net income of $103 million. The firm's tax rate was 40.0% and interest expense was $34 million. The company's after-tax cost

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Casey Motors recently reported net income of $103 million. The firm's tax rate was 40.0% and interest expense was $34 million. The company's after-tax cost of capital is 8.0% and the firm's total investor supplied operating capital employed equals $618 million. What is the company's EVA? (Answers are in $ millions.) $73.96 $103.00 $171.67 $123.40 $49.44 If the yield curve is downward sloping, what is the yield to maturity on a 10 -year Treasury coupon bond, relative to that on a 1-year T-bond? The yield on the 10-year bond is less than the yield on a 1-year bond. The yield on a 10-year bond will always be higher than the yield on a 1-year bond because of maturity risk premiums. It is impossible to tell without knowing the coupon rates of the bonds. The yields on the two bonds are equal. It is impossible to tell without knowing the relative risks of the two bonds

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