Which of the Following Is True of the Economic Value

Which of the following is true of the economic value added?

A) It is the present value of a project?s future cash flows divided by the initial cost of the project.
B) It represents the additional value from next period cash flows per unit of cash invested in the initial period.
C) It accounts both the cost of debt and equity capital.
D) It is measured as the difference between a project?s present value and the cost of implementing the project.