Week 8 Nine Tenets Essay

Reviewing Appendix B in Butts, choose two of the Nine Tenets of the Code of Ethics for Nurses and describe how you will personally apply each tenet in the practice setting with your patients. Describe in detail the purpose of the tenet and provide examples of the tenet applied in practice. Explain why it is important to uphold the tenet in maximizing the quality of patient care, and identify how it enhances your own practice as a nurse.

Your paper should be 1-2 pages.

Include a title page and a reference page to cite your text. Adhere to APA formatting throughout, and cite any outside sources you may use.

*Tenets Chosen:

1.1 Respect for Human Dignity

A fundamental principle that underlies all nursing practice is respect for the inherent dignity, worth, unique attributes, and human rights of all individuals. The need for and right to health care is universal, transcending all individual differences. Nurses consider the needs and respect the values of each person in every professional relationship and setting; they provide leadership in the development and implementation of changes in public and health policies that support this duty.

1.2 Relationships with Patients

Nurses establish relationships of trust and provide nursing services according to need, setting aside any bias or prejudice. Factors such as culture, value systems, religious or spiritual beliefs, lifestyle, social support system, sexual orientation or gender expression, and primary language are to be considered when planning individual, family and population-centered care. Such considerations must promote health and wellness, address problems, and respect patients’ or clients’ decisions. Respect for patient decisions does not require that the nurse agree with or support all patient choices. When patient choices are risky or self-destructive, nurses have an obligation to address the behavior and to offer opportunities and resources to modify the behavior or to eradicate the risk.

Book:

Butts, J. B. (2016). Nursing Ethics, 4th Edition. [Bookshelf Online]. Retrieved from https://vsaccess.vitalsource.com/#/books/978128409…

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1. Assume that you are an investment analyst preparing an analysis of an investment opportunity for a client. Your client is considering the acquisition of an apartment complex from a developer at the point in time when the apartments are ready for first occupancy. Your have developed the following information.

1) Number of units = 30 2) First year market rent per unit = $475 per month 3) Rent is projected to increase by 6% each year 4) Annual vacancy rate = 3% of PGI 5) Annual collection loss = 2% of PGI 6) Annual operating expense = 32% of EGI 7) Miscellaneous yearly income (parking and washers/dryers) = $750 8) Monthly miscellaneous income is expected to remain constant 9) Purchase price = $1,800,000 10) Estimated value of land = $300,000 11) Anticipated mortgage terms:

   a) Loan to value ratio = .80   b) Interest rate = 5.5%   c) Years to maturity = 25   d) Points charged = 3    e) Prepayment penalty = 2% of outstanding balance   f) Level payment, fully amortized   g) Fixed interest rate, annual payments2 12) Anticipated holding period = 4 years 13) Proportion by which property is expected to appreciate during the holding period — 4% a year 14) Estimated selling expenses as proportion of future sales price = 5% 15) Marginal income tax rate for the client = 15% 16) It is assumed that the property is put into service on January 1st and sold on December 31st 17) Assume the client is “active” in the property management 18) It is assumed that the client has an adjusted gross income of $95,000 and has no other passive income not offset by other passive losses (for each year of the anticipated holding period) 19) Client’s minimum required after tax rate of return on equity = 12%

Calculate:

a. The before-tax and after-tax cash flows for each year of the holding period and the before-tax and after-tax equity reversion.

b. The after-tax net present value and after-tax internal rate of return to the investor.

c. The profitability index (this is calculated on an after-tax basis).

d. Should we invest in this project? Explain.

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