METHOD AND APPARATUS FOR COMPARISON OF VARIABLE TERM FINANCIAL INSTRUMENTS USING LIFE EXTENSION DURATION COMPUTATION
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United States of America Patent
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Issued Date -
Aug 28, 2008
app pub date -
Feb 28, 2007
filing date -
Feb 28, 2007
priority date (Note) -
Abandoned
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Abstract
A method of evaluating a variable term security including assessing life extension risk of the variable term security due to a deviation from nominal life expectancy of the variable term security, computing a summary factor of said life extension risk, and comparing the summary factor of said life extension risk to a predetermined criterion and thereby evaluating the variable term security.
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