WHAT IS PARENT-SUBSIDIARY ASYMMETRY IN THE CONTEXT OF CAPITAL BUDG...

53. What is parent-subsidiary asymmetry in the context of capital budgeting? a. When the profits of the subsidiary are not fully paid to the parent, there is parent-subsidiary asymmetry. b. When the analysis of a project at the parent and at the subsidiary level yields dissimilar estimates of NPV, there is parent-subsidiary asymmetry. c. When a parent and a subsidiary cannot agree on whether to pursue a specific project, there is parent-subsidiary asymmetry. d. When a parent wants the profits of a subsidiary repatriated to the parent but the subsidiary resists paying its profits to the parent, there is parent-subsidiary asymmetry.