The Statement "____," Represents the General Ethical Principle of Utilitarian

question 54

Multiple Choice

The statement "____," represents the general ethical principle of utilitarian benefits.

• A) Never take any action that violates the law
• B) Always act to maximize profits subject to legal and market constraints
• C) Never take any action that will interfere with the right of all of us for self-development and self-fulfillment
• D) Never take any action that is not in the long-term self-interest of yourself
• E) Never take any action that does not result in greater good than harm for the society of which you are a part

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Definitions:

Coupon

In finance, a coupon refers to the annual interest payment paid to bondholders, typically expressed as a percentage of the face value.

Pay Interest Annually

The process of making a yearly payment to creditors or bondholders as compensation for the use of borrowed money.

Yield To Maturity

The total return anticipated on a bond if the bond is held until it matures, factoring in both interest payments and the capital gain or loss realized upon maturity.

Coupon Rate

The interest rate that an issuer of a bond or other fixed-income security agrees to pay to the bondholder annually, expressed as a percentage of the bond's face value.