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If the firm's management wanted to maximize firm value, which project should it ...

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If the firm's management wanted to maximize firm value, which project should it invest in?

The first alternative (i.e., US), as it has a larger value of equity.

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The second alternative (i.e., Mexico), as it has a larger value of equity.

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The second alternative (i.e., Mexico), as it has a larger project value.

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The first alternative (i.e., US), as it has a larger project value.

100%

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