0.20

0.30

0.25

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

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

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

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

30

25

15

20

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

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

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

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

10

25

15

20

30

35

25

20

30

45

35

40