Taylor's View Is That a Meaningful Life Is a Satisfying

question 14

Multiple Choice

Taylor's view is that a meaningful life is a satisfying life. What is Vitrano's objection to Taylor?

• A) Why call that life meaningful rather than simply pleasant or enjoyable?
• B) Taylor has not explained what it means for a life to be satisfying.
• C) Taylor is also committed to the problematic notion of objective value.
• D) A life that is merely satisfying must be too shallow to be really meaningful.

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Definitions:

Internal Rate of Return (IRR)

The discount rate that makes the net present value (NPV) of all cash flows from a particular project equal to zero, used in capital budgeting to estimate the profitability of potential investments.

Payback Method

An investment appraisal technique that calculates the time needed for an investment to generate cash flows sufficient to recover the initial cost.

Weighted Average Cost of Capital (WACC)

A calculation of a company's cost of capital in which each category of capital (debt, equity) is proportionally weighted.

Internal Rate of Return (IRR)

IRR is a financial metric used to estimate the profitability of investments, calculated as the rate of return that sets the net present value of all cash flows from a particular project to zero.