parent or subsidiary

1. Subsidiary versus parent perspective Suppose that Wilson Co., a U.S.-based MNC, is considering a project to be undertaken by one of its foreign subsidiaries. If the subsidiary's currency weakens significantly against the dollar, the project is less likely to be feasible from the perspective of the 9. Other capital budgeting considerations Assume that a capital budgeting analysis, which does not account for the impact of existing cash flows, ylelds a positive NPV. True or False: This project should always be undertaken. O True False