Firm XYZ plans to invest $$600,000$ in a new project. This investment consists of $$400,000$ in newly issued debt and $$200,000$ in cash on hand. The borrowing rate is $3\%,$ and the risk$-$free rate is $2\%.$ The new investment is expected to generate $$100,000$ in EBIT for the firm, the tax rate is $20\%.$ Calculate the economic value added $($EVA$)$ for the project.

Please present detailed calculations, as failure to do so will result in a score of $0.$ Note: Select the appropriate equation from textbook pages $241$ and $242$ to compute the capital charge based on the provided information."

$2.$ Sarah Eluggel is considering the purchase of a home located at $2121$ Tarter Circle in Frisco, Texas. The home has $3,000$ square feet of heated and cooled living area, and the current owners are asking a price of $$375,000$ for it$.$

a$.$ Use the information provided in the following table to determine an initial estimate of the value of the home Sarah is considering:

$\backslash$table$[[,$Comp $1,$Comp $2],[$Sale price,$$240,000,$$$265,000$

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