Question
Dollar General (DG) is choosing between financing itself with only equity or with debt and equity. Regardless of how it finances itself, the EBIT for
Dollar General (DG) is choosing between financing itself with only equity or with debt and equity. Regardless of how it finances itself, the EBIT for DG will be $526.88 million. If DG does use debt, the interest expense will be $88.76 million. If DGs corporate tax rate is 0.34, how much will DG pay (in millions) in total to ALL investors if it uses both debt and equity?
Instruction: Type ONLY your numerical answer in the unit of millions, NO $ sign, NO comma, and round to two decimal places. E.g., if your answer is $7,001.56 million, type ONLY the number 7001.56, NEITHER 7,001.6, $7001.6, $7,001.6, NOR 7002. Otherwise, Blackboard will treat it as a wrong answer.
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