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Given the following position on abortion, identify which of the three major ethical theories discussed in the text-utilitarianism, duty theory, or virtue ethics-it follows. Note that each theory may encompass several possible viewpoints on an issue.
Abortion should be allowed. It doesn't matter whether one, as an individual, is for or against it; what matters is that women will be dying in back alleys again if their access to abortion is taken away from them.
Bonds Payable
This term refers to the amount of money a company owes to bondholders at the end of an accounting period, representing a long-term liability.
Present Value
The present valuation of money to be received in the future or recurrent cash inflows, accounting for a chosen rate of interest.
Compounded Annually
Interest on an investment or loan calculated once a year, where each year's interest payment includes interest on the original principal and on the accumulated interest of previous periods.
Market Rate
The prevailing rate or price at which goods, services, or securities are traded in a competitive marketplace.
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