Answer the Following Questions

question 26

Multiple Choice

Answer the following questions :
-Yellowstone National Park

• A)The railway line completed on May 10,1869,that connected the Central Pacific and Union Pacific lines,enabling goods to move by railway from the eastern United States all the way to California.
• B)A tax or duty on foreign producers of goods coming into or imported into the United States;these tariffs gave U.S.manufacturers a competitive advantage in America's gigantic domestic market.
• C)An 1868 treaty that guaranteed the rights of U.S.missionaries in China and set official terms for the emigration of Chinese laborers to work in the United States.
• D)An 1877 Supreme Court case that affirmed that states could regulate key businesses,such as railroads and grain elevators,if those businesses were "clothed in the public interest."
• E)The practice of backing a country's currency with its reserves of gold.In 1873 the United States,following Great Britain and other European nations,began converting to this practice.
• F)A term used by those critical of an 1873 law directing the U.S.Treasury to cease minting silver dollars,retire Civil War-era greenbacks,and replace them with notes backed by the gold standard from an expanded system of national banks.
• G)The 1862 act that gave 160 acres of free western land to any applicant who occupied and improved the property.This policy led to the rapid development of the American West after the Civil War;facing arid conditions in the West,however,many homesteaders found themselves unable to live on their land.
• H)Authorized by the Morrill Act of 1862,these educational institutions were public universities founded to broaden educational opportunities and foster technical and scientific expertise.These universities were funded by the Morrill Act,which authorized the sale of federal lands to raise money for higher education.
• I)An unfounded theory that settlement and farming of the Great Plains caused an increase in rainfall.
• J)African Americans who walked or rode out of the Deep South following the Civil War,many settling on farms in Kansas in hopes of finding peace and prosperity.
• K)Established in 1872 by Congress,this protected land was the United States's first national park.
• L)A federal bureau established in 1871 that made recommendations to stem the decline in wild fish.Its creation was an important step toward wildlife conservation and management.
• M)The November 29,1864 massacre of more than a hundred peaceful Cheyennes,largely women and children,by John M.Chivington's Colorado militia.
• N)A massacre in December 1866 in which 1,500 Sioux warriors lured Captain William Fetterman and eighty soldiers from a Wyoming fort and attacked them.With the Fetterman massacre the Sioux succeeded in closing the Bozeman Trail,the main route into Montana.
• O)A 1903 Supreme Court ruling that Congress could make whatever Indian policies it chose,ignoring all existing treaties.
• P)The 1887 law that gave Native Americans severalty (individual ownership of land)by dividing reservations into homesteads.The law was a disaster for native peoples,resulting over several decades in the loss of 66 percent of lands held by Indians at the time of the law's passage.
• Q)The 1876 battle begun when American cavalry under George Armstrong Custer attacked an encampment of Sioux,Arapaho,and Cheyenne Indians who resisted removal to a reservation.Custer's force was annihilated,but with whites calling for U.S.soldiers to retaliate,the Native American military victory was short-lived.
• R)Religion of the late 1880s and early 1890s that combined elements of Christianity and traditional Native American religion.It fostered Plains Indians' hope that they could,through sacred dances,resurrect the great bison herds and call up a storm to drive whites back across the Atlantic.
• S)The 1890 massacre of Sioux Indians by American cavalry in South Dakota.Sent to suppress the Ghost Dance,soldiers caught up with fleeing Lakotas and killed as many as 300.

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Definitions:

Required Return

The minimum expected return an investor demands for investing in a particular asset, considering its risk.

Per Share FCFE

The amount of Free Cash Flow to Equity available per share of a company's stock, indicating the dividend-paying ability and financial health of the company.

Required Rate of Return

The smallest percentage of yearly earnings from an investment necessary to attract individuals or businesses to invest in a certain security or project.

FCFF Valuation Model

The FCFF Valuation Model estimates a company's value by using its Free Cash Flow to the Firm (FCFF), discounting the cash flows to their present value using the weighted average cost of capital.