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Co . entered fiscal 2 0 2 3 with a total capitalization of $ 2 1 , 5 0 0 million. In 2 0 2

Co. entered fiscal 2023 with a total capitalization of $21,500 million. In 2024, debt investors received interest income of $500 million. Net income to shareholders was $3,280 million. Assuming a tax rate of 22% and cost of capital of 10%, calculate the economic value added.

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