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  3. 4. here are data on two firms: debt ($ million) 50

4. Here are data on two firms: Debt ($ million) 50 150 ROC (%) 17...

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4. Here are data on two firms: Debt ($ million) 50 150 ROC (%) 17 15 Equity Cost of capital ($ million) 100 450 Apex 10 Which firm has the higher economic value added? Which has higher economic value added per dollar of invested capital? a. b

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