Assignment- External Financing We examined two important topics in finance during this unit:

External Financing
We examined two important topics in finance during this unit: external financing requirements and agency conflicts. Address
the prompts below 
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.
Stock Repurchases
In the short article “Royal Dutch Shell Finally Delivers Big Stock Buyback, But Shares Break Support” by Aparna Narayanan
(see below), stock repurchases may produce favorable effects on key financial ratios.