Parity Conditions and Asymmetries. Kippers, a UK-based, is interested in pursuing a project in Egypt to assemble industrial equipment for the Middle Eastern market. Kippers has assigned one of its managers, Darla Moffet, to build up a proposal working with a local partner Casbah. Ms. Moffet’s initial evaluation—from a subsidiary perspective—indicates a negative NPV for the project. Explain mitigating factors that might make the NPV positive.
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