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Consider the following data for the firms Acme and Apex: Equity Debt ROC Cost of Capital ($ million) ($ million) (%) (%) Acme 230 115
Consider the following data for the firms Acme and Apex: Equity Debt ROC Cost of Capital ($ million) ($ million) (%) (%) Acme 230 115 17 % 9 % Apex 1,150 383 15 % 10 % a-1. Calculate the economic value added for Acme and Apex
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