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Business, 09.02.2021 23:00 Brandon4188

Home Depot entered fiscal 2017 with a total capitalization of $21,883 million. In 2017, debt investors received interest income of $870 million. Net income to shareholders was $8,633 million. (Assume a tax rate of 21%.) 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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Home Depot entered fiscal 2017 with a total capitalization of $21,883 million. In 2017, debt investo...
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