RAMA firm acquires a new plant, which increases annual pretax operating profits by $$1$ million. Because of the tax benefits of accelerated depreciation, assume there is no tax on the increased earnings. To finance the plant, the firm issues $$1$ million in bonds that pay $8\%.$ Prior to the transaction, the firm had $$150$ million in after$-$tax operating profits and capital consisting of $$200$ million in common stock having a cost of $14\%.$Required :Using EVA, you are required to study the financing proposal by bonds to acquire the plant?