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The Speed of Sound in Air Is Approximately 340 m/s.340 \mathrm {~m} / \mathrm { s } .

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Essay

The speed of sound in air is approximately 340 m/s.340 \mathrm {~m} / \mathrm { s } . .The speed of light in air is approximately 3×108 m/s3 ^ { \times } 10 ^ { 8 } \mathrm {~m} / \mathrm { s } If 8.8 seconds elapses between seeing a lightning strike and hearing the thunder, how
far away was the lightning strike?

Recognize the role and interpretation of the security market line in investment decision-making.
Understand the distinction between diversifiable (unsystematic) risk and non-diversifiable (systematic) risk.
Realize the implications of portfolio construction on risk reduction and the concept of the efficient frontier.
Identify how market risk premiums are used to compensate investors for taking on additional risk.

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