2. Agency There have been a number of technology IPOs in recent years in the USA. Most of these have a dual class feature, where the owners of the company have a special class of shares that have super voting rights. During the late 2010s, borrowing rates for companies fell dramatically and even poorly rated companies could issue bonds (Junk Bonds") with very low coupons and because of the availability of credit the covenants were very light. Discuss the agency issues arising from the two descriptions above