Time Value a viatical settlement is a lump sum of money given to a terminally ill individual
Question:
Time Value a viatical settlement is a lump sum of money given to a terminally ill individual in exchange for his life insurance policy. When the insured person dies, the purchaser receives the payout from the life insurance policy. What factors determine the value of the viatical settlement? Do you think such settlements are ethical? Why or why not?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 62% (8 reviews)
In general viatical settlements are ethical In the case of a viatical settlement it is simply an exc...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Fundamentals of Corporate Finance
ISBN: 978-0077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
Question Posted:
Students also viewed these Corporate Finance questions
-
Mr. Dhingra had a substantial life insurance policy when his wife, who was the beneficiary of the policy, murdered him. Do you think she should be allowed to collect? What if she was found not...
-
Mrs. Beach wants to invest a lump sum of money today to have $100,000 when she retires at 65 (she is 40 today). a. How much of a deposit would she have to make if the interest rate on the C.D. was...
-
The viatical settlement industry enables terminally ill consumers, typically HIV patients, to borrow against equity in their existing life insurance contracts to finance their consumption and medical...
-
Solve 1. dx dy + x 1-xy=xy.
-
A windmill has an initial angular momentum of 8500 kg m2/s. The wind picks up, and 5.86 s later the windmill's angular momentum is 9700 kg m2/s. What was the torque acting on the windmill, assuming...
-
What types of business entities does the U.S. tax system recognize?
-
The price of a share is \(\$ 100\). During the following six months the price can go up or down in a \(10 \%\) per month. If the risk-free interest rate is \(8 \%\) per year, continuously compounded,...
-
A process that can be modeled as a time delay is controlled using a proportional feedback controller. The control valve and measurement device have negligible dynamics and steady-state gains of Kv =...
-
A jet airplane is climbing at a constant airspeed in no-wind conditions. The plane is directly over a point on the ground that is 14 nautical miles from the takeoff point from an airport at sea level...
-
You are a new employee at an IT help desk. The organization that you work for has computers that are due for an operating system (OS) upgrade. Your supervisor has provided you with components of the...
-
Time Value Eligibility for a subsidized Stafford loan is based on current financial need. However, both subsidized and unsubsidized Stafford loans are repaid out of future income. Given this, do you...
-
Present Value and Multiple Cash Flows Sea born Co. has identified an investment project with the following cash flows, if the discount rate is 10 percent, what is the present value of these cash...
-
A 460-V, 50-kW, 60-Hz, three-phase synchronous motor has a synchronous reactance of Xs = 4.15 and an armature-to-field mutual inductance, Laf = 83 mH. The motor is operating at rated terminal...
-
Jacinta had a bad experience with an insurance agent when her house flooded. The insurance agent was generally unhelpful and rude. She found herself becoming distrustful of all insurance agents,...
-
2) A math tutor makes $15.00 per hour in the tutoring lab at her school. She earns an additional $7.50 more per hour overtime for any hours worked which exceed her normal 40-hr work week. b) Write a...
-
8. Determine one possible value for x when 0x2 for each of the following. Give answers in simplest exact form. [A6] a. |sinh = sinx, x #23 3/4 b. cos _1131* =sinx c. tan =cotx I
-
X The function h is defined as h(x)=4-x2 x ln x, x>1 jh(x) Show that h(x) dx = 4ln 2- -1 15 16
-
A company is planning to purchase and store two items, gadgets and widgets. Each gadget costs $2.00 and occupies 2 square meters of floor space; each widget costs $3.00 and occu pies 1 square meter...
-
Choose 10 firms that interest you and download their financial statements from any of these Web sites: finance.yahoo.com, finance.google.com, or money.msn.com. a. For each firm, find the return on...
-
For the following arrangements, discuss whether they are 'in substance' lease transactions, and thus fall under the ambit of IAS 17.
-
Equal amounts of pure nitrogen and pure oxygen, each at 3000 K and 1 bar, are continuously fed into a chemical reactor, and the reactor effluent, consisting of the reaction product nitric oxide and...
-
Assume the total cost of a college education will be $280,000 when your child enters college in 18 years. You presently have $45,000 to invest. What annual rate of interest must you earn on your...
-
At 5 percent interest, how long does it take to double your money? To quadruple it?
-
In 2011, an 1880-O Morgan silver dollar sold for $13,113. What was the rate of return on this investment?
-
How do I use voice commands to control my computer with the project of making a video?
-
Dan Mullen is employed by a mail-order distributor and reconditions used desktop computers, broadband routers, and laser printers. Dan is paid $12 per hour, plus an extra $6 per hour for work in...
-
Consider two series Yt and Y2t: Y = IIY-1 +6 Or more explicitly as: Aye Aya Yit Elt + Y2t 2t in which = [1, 2]' is IID with E(e) = 0 and E(ee'): [ 0 0 a) Write the system in levels Answer: A-AU-N b)...
Study smarter with the SolutionInn App