If You Wish to Send a Beam of Laser Light

question 95

Multiple Choice

If you wish to send a beam of laser light to a space station that is just above the atmosphere near the horizon, you should aim your laser

• A) above your line of sight.
• B) along your line of sight.
• C) below your line of sight.

---

Definitions:

Buying and Selling

The basic act of trading or exchanging goods, services, or financial instruments, such as stocks or currencies.

Bird-In-The-Hand Theory

Assumes that investors value a dollar of dividends more highly than a dollar of expected capital gains because the dividend yield component, D1/P0, is less risky than the g component in the total expected return equation rs = D1/P0 + g.

Dividend Yield

A financial benchmark that illustrates the relation between a company's per annum dividend issuance and its share price.

Required Return

The expectancy of financial gain on an investment, considering its risk profile, set by investors as a benchmark.