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Baggini examines the teleological view of life, the notion that life has meaning only when it is lived toward future goals and objectives. He concludes that if life has meaning only because of some goal set in the future, "we would never be able to catch up with the purpose of life's existence and so purpose would permanently elude us, whether there is life after death or not…. [W]e also need to find a way of living which is worthwhile in itself."
-Baggini concludes that life has no meaning.
Risk-Free Rate
The theoretical rate of return on an investment with no risk of financial loss, often represented by government bonds.
Beta
A measure of a stock's volatility in relation to the overall market; a beta greater than 1 indicates higher than market volatility, while a beta less than 1 indicates lower.
Required Rate of Return
A rephrasing of Required Return; the minimum annual percentage earned by an investment that will entice an individual or company to invest money.
Expected Growth Rate
The projected annual rate at which an investment or business is expected to grow.
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