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Target entered fiscal 2019 with a total capitalization of $21,892 million. In 2019 , debt investors received interest income of $873 million. Net income to
Target entered fiscal 2019 with a total capitalization of $21,892 million. In 2019 , debt investors received interest income of $873 million. Net income to shareholders was $8,642 million. (Assume a tax rate of 21%.) Calculate the economic value added assuming its cost of capital is 10%. Note: Do not round intermediate calculations. Enter your answer in millions rounded to 2 decimal places
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