Which of the following is most CORRECT?

	a.	EVA in a given year is found by subtracting the book value of a firm from its current market value.
	b.	The primary difference between EVA and accounting net income is that when net income is calculated, a deduction is made to account for the cost of common equity.
	c.	MVA is calculated as the market value of common equity plus the book value of common equity.
	d.	EVA has a strong correlation to the companys stock price.
	e.	If EVA is negative, then ROE exceeds the companys cost of equity.