QUESTION 1 (25 Marks) a The firm's goal is to maximize the wealth of business owners or shareholders company. However, this goal is difficult to achieve due to the existence of agency problems that cause the business environment to be disharmonious. If this situation is not controlled properly, it can cause business operations to be disrupted and the firm's goals will be difficult to achieve. REQUIRED: i What is meant by 'agency problem and how it can happen in the context of a limited company? (5 marks) ii. Explain and state three (3) conditions that cause agency problems can exist [6 marks] Tii. State three (3) conditions that can be taken by the company owner to reduce the agency's problems [6 marks) b. Foreign direct investment results are not conceptually different from domestic investment decisions and can be evaluated using the same investment valuation techniques, such as the net present value method. However, international investment decisions have some special features making their assessment more difficult REQUIRED: Please state four (4) features that make why the valuation of foreign direct investment more complex and difficult. (8 marks)