Based upon the following information calculate the economic value added (EVA) and market value added (MVA) for
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Based upon the following information calculate the economic value added (EVA) and market value added (MVA) for Hot & Spice Limited.
The detail of capital employed by the company in the last two years is given as follows:
The company estimates that the pretax cost of borrowed funds is 10%, whereas cost of equity is estimated to be 14%. Tax rate applicable to the company is 30%. The current market capitalization of the company is ₹ 2,304.80 crore.
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