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Below you can find the information of The Gambler Corporation : Net income = $200000. Tax rate = 40% Interest expense = $100000. Total investor

Below you can find the information of The Gambler Corporation :

Net income = $200000.

Tax rate = 40%

Interest expense = $100000.

Total investor -supplied operating capital employed = $2 million

After - tax cost of capital = 10%

What is the companys EVA? Interpret the result

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