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A measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for

A measure of a company's financial performance based on the residual wealth calculated by deducting its cost of capital from its operating profit, adjusted for taxes on a cash basis.

A. EVA

B. EBIT

C. MVA

D. NOPAT

Please provide a comprehensive explanation for your answer.

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