Question: You are analyzing Pegasus Ltd . . Its financial data is as follows: net income is $ 1 7 0 million, interest before tax is

You are analyzing Pegasus Ltd.. Its financial data is as follows: net income is $170 million, interest before tax is $40 million, relevant tax rate is 26%, cost of capital is 7%, long-term debt is $1,200 million, shareholders equity is $1400. What is this companys economic value added?a.$20.00 millionb.$17.60 millionc.$18.40 milliond.$19.20 millione.$16.80 million

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