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Alarge corporation is conducting due diligence on a company it would like to acquire. It finds that the company has equity of $40 million; annual
Alarge corporation is conducting due diligence on a company it would like to acquire. It finds that the company has equity of $40 million; annual operating profit of $20 million; and is taxed at a rate of 25% per year. Its cost of capital is 10%. What is the economic value added for this company? $ million Carry all interim calculations to 5 decimal places and then round your final answer to a whole number. Please enter your answer in millions of dollars
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