Light Travels at 3 $\times$ 10⁸ M/s,and It Takes About 8 Min for Light from 8

question 64

Multiple Choice

Light travels at 3 $\times$ 10⁸ m/s,and it takes about 8 min for light from the sun to travel to Earth.Based on this,the order of magnitude of the distance from the sun to Earth is

• A)10¹⁰ m
• B)10⁸ m
• C)10⁹ m
• D)10⁶ m
• E)10¹¹ m

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Definitions:

Coupon Bond

A type of bond that pays the holder a regular interest rate (or coupon) in addition to the principal amount at maturity.

Yield To Maturity

The total return anticipated on a bond if the bond is held until its maturity date.

Par Value

The face value of a bond or the stated value of a stock, set at the time of issuance and often used in determining its worth at maturity.

Coupon Rate

The interest rate that an issuer of a bond promises to pay annually or semi-annually to the holder.