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QUESTION 23 (a) The stock exchange provides a market for trading managed products, such as infrastructure funds or real estate investment trusts. Describe one of these managed products, provide an example of what assets it might invest in, describe how the fund generates a return and explain why it would be attractive to an individual investor? (5 marks) (b) One of the major disadvantages of publicly listed corporations is the agency problem. Describe what the agency problem is and list three ways that it can be managed for the benefit of shareholders. (5 marks) T TT Arial 3 (12pt) H