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no plagarism pls also dont copy other chegg answers Question 5 Can you specify why keeping a certain amount of cash is necessary for firms?

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no plagarism pls also dont copy other chegg answers
Question 5 Can you specify why keeping a certain amount of cash is necessary for firms? Do you think that shareholders will be happy if a firm holds a larger amount of cash than necessary? The word count limit for answering this question is 400 words (8 marks) Question 6 Explain the principal-agency problem. Can you propose one potential solution for this problem to reduce costs associated with the problem? Do you think that your proposed solution can completely eliminate he principal- agency problem? Please justify your answer. The word count limit for answering this question is 400 words. (8 marks)

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