Aligning Text with an Inline Image
By default, when you insert an image inline with text, the text is aligned with the bottom of the image. Chances are good that you won't like this default alignment--it leaves a great deal of white space on the page. You can change it, though, using the
Value Description
TOP Aligns the text with the top of the image
MIDDLE Aligns the text with the middle of the image
BOTTOM Aligns the text with the bottom of the image