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The ABS company has a capital base of $170 million, an opportunity cost of capital ( k ) of 18%, a return on assets (ROA)

The ABS company has a capital base of $170 million, an opportunity cost of capital (k) of 18%, a return on assets (ROA) of 8%, and a return on equity (ROE) of 28%. What is the economic value added (EVA) for ABS?

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$34 million

$17 million

$17 million

$18 million

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