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Problem 19-16 Consider the following data for the firms Acme and Apex Equity (5 million) Debt (5 million) 135 ROC (1) Cost of Capital (6)

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Problem 19-16 Consider the following data for the firms Acme and Apex Equity (5 million) Debt (5 million) 135 ROC (1) Cost of Capital (6) 270 Neme Apex 1,350 150 100 a-1. Calculate the economic value added for Acme and Apex. (Enter your answers in millions rounded to 2 decimal places.) million Economic value added for Acme Economic value added for Apex a-2. Which firm has the higher economic value added? Acme . b-1. Calculate the economic value added per dollar of invested capital for Acme and Apex. (Round your answers to 2 decimal places.) Economic value added for Acme Toer dollar Economic value added for Apex million a-2. Which firm has the higher economic value added? Acme Apex b-1. Calculate the economic value added per dollar of invested capital for Acme and Apex. (Round your answers to 2 decimal places.) Economic value added for Acme Economic value added for Apex per dollar per dollar b-2. Which firm has the higher economic value added per dollar of invested capital? Acme Apex

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