We examined two important topics in finance during this unit: external financing requirements and agency conflicts. Address the prompts below in your essay. Include an introduction that summarizes the main points with an example. Critically reflect on the importance of external financing requirements. What key factors must be considered when determining external financing requirements? Briefly describe the types of agency conflict, and provide an example of at least one of the types of agency conflict to support your response.
Your essay should be at least two pages in length, not counting the title and reference pages. You are required to cite and reference at least your textbook. Use APA format to cite in-text and reference citations.