国际财务管理英文11.pdfVIP

Chapter 11 Chapter 11 Multinational Capital Budgeting Multinational Capital Budgeting 2009 Chapter Objectives To compare the capital budgeting analysis of an MNC’s subsidiary with that of its parent; To demonstrate how multinational capital budgeting can be applied to determine whether an international project should be implemented; and To explain how the risk of international projects can be assessed. Subsidiary versus Parent Perspective Should the capital budgeting for a multi-national project be conducted from the v