Prospect, View
noun, verbal noun
You stare at hope. It looks good. That is your prospect and view, as you stare at hope.
ちょうぼう
This is a jukugo word that uses the on'yomi readings of the kanji. You should be able to read this on your own.
そのホテルの部屋からは美しく青い海を眺望することができました。
We were able to view the beautiful blue ocean from our hotel room.