Time Value a viatical settlement is a lump sum of money given to a terminally ill individual
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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?
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In general viatical settlements are ethical In the case of a viatical settlement it is simply an exc...View the full answer
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Related Book For
Fundamentals of Corporate Finance
ISBN: 9780077861629
8th Edition
Authors: Stephen A. Ross, Randolph W. Westerfield, Bradford D.Jordan
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