A Nearsighted Person Cannot See Objects Clearly Beyond 70 Cm

question 53

Multiple Choice

A nearsighted person cannot see objects clearly beyond 70 cm (the far point) .If the patient has no astigmatism and contact lenses are prescribed,what is the power of the lens required to correct the patient's vision?

• A)−0.7 diopters
• B)−1.4 diopters
• C)−2.9 diopters
• D)−7.0 diopters
• E)​-700 diopters

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Definitions:

IRR

Internal Rate of Return; the discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.

Cost of Capital

The required return necessary to make a capital budgeting project, such as building a new plant, worthwhile.

Capital Rationing

In capital budgeting, the process of allocating available capital among projects to maximize total NPV.

IRR

The Internal Rate of Return; a discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero.