A Boy Wishes to Row Across a River in the Shortest

question 26

Multiple Choice

A boy wishes to row across a river in the shortest possible time. He can row at 2 m/s in still water and the river is flowing at 1 m/s. At what angle $\theta$ should he point the bow (front) of his boat?

• A) 30\(\degree\)
• B) 45\(\degree\)
• C) 60\(\degree\)
• D) 63\(\degree\)
• E) 90\(\degree\)

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Definitions:

Common Stock

Equity ownership in a corporation, with voting rights and potential dividends, but with dividends paid after preferred shareholders.

Absorbed Firm

A company that has been merged into or acquired by another company, ceasing to exist as an independent entity.

Proxy Contest

A struggle for control of a company, wherein competing parties seek to secure the votes of shareholders through proxy solicitation.

Shareholder Votes

The mechanism by which shareholders express their opinions or make decisions on corporate matters, typically exercised at annual meetings.