1. What are two ways agency costs, resulting from a conflict of interest between the shareholders and managers, can be minimized by the firm?
2. How do you value a stock? Is subtracting liabilities from assets a good way to find value of stock of a company?
3. You would like to have 200,000 in a college fund in 15 years, how much do you need today if expect to earn 12% while you are investing to pay for your childs college