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Economic Value Added Assignment | Custom Assignment Help

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Home Depot entered fiscal 2016 with a total capitalization of $27,258 million. In 2016, debt investors received interest income of $845 million. Net income to shareholders was $6,390 million. (Assume a tax rate of 35%.) Calculate the economic value-added assuming its cost of capital is 10%. (Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places.)  

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