Question: (a) Define agency problem and explain THREE (3) reasons on how do agency issues bring impact on wealth maximization. (10 marks) (b) Financial manager must

(a) Define agency problem and explain THREE (3) reasons on how do agency issues bring impact on wealth maximization. (10 marks)

(b) Financial manager must be concerned with THREE (3) basic types of questions in making financial management decision. Briefly explain ALL of them. (15 marks)

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