a) Discuss the relationship between investment decisions, dividend decisions, and financing decisions in the context of corporate finance, illustrating your discussion with examples where appropriate.

b) Explain and compare the public sector objective of “value for money” and the private sector objective of “maximization of shareholder wealth”

c) Explain the nature of the agency problem and discuss the use of share option schemes and performance-related pay as methods of reducing the agency problem in a stock-market listed company.