FIN 352 (1) Essay Example | Topics and Well Written Essays - 500 words

FIN 352 (1) - Essay Example One of the major OBS activities is the issuance of guarantees. This may be called by a bank to take place at a future time, and the dedication to lend at a forthcoming time if the borrower wishes. This may prompt the result of a contingent risk which may be out of the control of the financial institution. A duration of a zero-coupon bond is a bond that does not pay any interest in its maturity life. That is; its maturity is equivalent to maturity because hundred percent of its present value is made by the payment of the nominal value at maturity (Lee & Alice 316). The relationship that exists between duration and maturity in bonds is that the longer a bond takes to mature, the greater is its duration or volatility. Duration changes each time a bond makes a coupon installment. After some time, it abbreviates as the bond nears maturity. Elsewhere, the relationship between duration and yield is that the higher a bond yields as it nears maturity, the lesser is its duration. This is because the present value of the inaccessible cash flows gets to be dominated by the value of the closer installments. Also, the relationship between duration and interest rates is that the higher a coupon bond is, the more interest it generates and vice versa. The financial significance of duration is the mea sure of a bond’s correspondence to the interest changes in the economy. Value at risk is method used to quantify and measure the level of financial related vulnerability inside an association over a determined duration. Its approach to the market risk is based on measuring three variables that are the level of potential risk, the probability amount of the specified level of risk and the time frame. Value at risk is closely related with the normal distribution. It measures portfolio risk along the normal distribution curve. The curve was developed by Carl Friedrich Gauss hence the name

Health Care Finance in the United States SLP Essay

Health Care Finance in the United States SLP - Essay Example NC Health Choice for Children does not cover pregnancy related services. Another major advantage of getting healthcare for citizens in North Carolina is that individuals cannot be rejected because of health condition. Furthermore, health Care Coverage program eligibility is based on family’s finance. Seniors along with unemployed need to have a specific medical need when application is made. Just like in other states, patients can opt for either HMO or PPO plans. This allows an individual to select a plan with a different ramifications since different provides will charge a different price. North Carolina’s policies regarding health care is not much different than federal policies outlined for other states. As a matter of fact, North Carolina dictates that children under 18 are eligible for Medicaid. Medicaid is quite essential is provides affordable healthcare to parties that cannot afford insurance. One important detail about Medicaid is the fact that nearly all cost-sharing is prohibited for children covered based on family income. Hence in separate plans, the state has the ability to demand premiums, deductibles or other cost-sharing fees. This means that children’s coverage can be covered by Medicaid or a private insurance company depending on the family’s income. Â  In North Carolina the self-employed and small business are guaranteed access, and insurance companies are limited in, which is dictated by other factors. One of the key factors that dictates healthcare polices is the cost of unhealthy versus healthy self-employed individuals and small groups. Even under the best of circumstances, those who are new to the health insurance market, or have previously been covered by an employer, should be prepared for sticker shock. A standard small group health insurance policy in North Carolina can easily cost $15,000 or more for a family. Most self-employees obtain the HNOnly Plan H-101, in which the deductible for individual is