Tech Star Ltd is evaluating its CEO's performance last year.The net income earned is 1.2 million.The company invested in three projects worth 4 million,2 million and 8 million respectively.The risk free rate is 1%.Market beta is estimated at 1.2 and the market risk premiumis 5%.The company has no debt financing.What is the CEO's economic value added(EVA)? A.0.220 million B.0.388 million C.None of the choices D.The CEO has 0 economic value added

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