A Drawback of the Utilitarian View Is That It Relies

question 101

True/False

A drawback of the utilitarian view is that it relies on the assessment of future outcomes that are often difficult to predict and that are tough to measure accurately.

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Definitions:

Perpetuity

A financial instrument or investment that pays a fixed amount of money indefinitely without a maturity date.

Preferred Stock

A class of ownership in a corporation that has a higher claim on its assets and earnings than common stock, usually with fixed dividends.

Annual Dividend

The total dividend payment a company makes to its shareholders in a year.

Compounded Monthly

A method of calculating interest in which the interest accrued in each month adds to the principal for the calculation of subsequent interest.