the right one. Healthcare professionals must deal with these challenges based on their training and knowledge of ethical principles and decision making. Choose an ethical dilemma from the list below and answer the questions that follow. Use your knowledge and understanding from what you have already learned from Unit 1 and 2 lessons and the textbook reading assignments.
Genetic testing and home test kits
Artificial intelligence and clinical decision making
Organ transplantation and artificial organs
Note: If you would like to choose a dilemma other than one on the list, please consult with your instructor and obtain permission.
Describe the issue and why and how it poses an ethical dilemma for healthcare providers and healthcare organizations?
What ethical principle(s) would be applicable to the dilemma?
Describe the ethical decision-making steps used to come to an ethical decision? With whom would a healthcare professional consult in coming to a decision?
How are your personal values challenged? What would be a personal bias or conflict of interest in resolving this dilemma
ir ice cream. At the current exchange rate of .989 USD to 1 Swiss franc (CHF), the cost of chocolate in francs of ₣40,317,492 comes to $39,874,000. Variations in the exchange rate will affect Ken and Terry’s earnings before tax.
a. Assume no hedge is undertaken and exchange rates may take the values of .969, .989. 1.009, and 1.029. What will be the impact on Ken and Terry’s earnings before tax with each exchange rate? (6 points)
b. You suggest a call option with a strike price of .989 and a call premium of 2.35%. Show how this will affect Ken and Terry’s cash flows. (6 points)
c. Another option is to enter into a forward contract at a forward offer rate of .999. How will this affect Ken and Terry’s cash flows? (5 points)
d. Do you recommend the call option or the forward contract? Explain. (3 points)
4. Ken and Terry’s would like to undertake a corporate value-at-risk calculation based on two risk factors of cream and chocolate. They estimate the following “returns” on these inputs by the mark-up on their finished product relative to input prices. Cream is more prevalent than chocolate; it makes up 80% of the mark-up while chocolate makes up 20%. Other data they have gathered is as follows:
Cream: expected return = 30%
variance of return = .10
Chocolate: expected return = 20%
variance of return = .06
covariance of cream and chocolate = .04
What is the largest decrease in return that Ken and Terry can expect with 99% confidence?
onnect a line between every two consecutive points (xi, yi) and (xi+1, yi+1), where 0 <= i <= n.
xi = s * ((a + b) * cos (i * PI) - b * cos ((a + b) / b * i * PI))
yi = s * ((a + b) * sin (i * PI) - b * sin ((a + b) / b * i * PI))
Verify with s = 10, a = 19, b = 5, n = 1000 to get this displayed result.
Note that the sin and cos trigonometry functions accept a radiant value not angle. For example, 30 degree should be replaced with PI/180*30 instead. Moreover, the divisions inside the functions need to be kept in double not int precision in order to render a correct result.