a. "A company's dividend policy is not as important as its capital structure policy." Discuss.
b. Explain the key determinants of futures prices and explain the factors that may cause the futures market price at maturity, to be different from the spot market price at that same date.
c. "If a company undertakes a rights issue it will always cause the value of the investor's shareholding in that company to reduce." Discuss.
d. Describe and evaluate the range of agency relationships that exist for an incorporated entity. To what extent do these relationships add value to the incorporated entity?
Words: Limit 1500-2000