Assume your hospital is considering issuing $50 million in debt for a new building expansion. Calculate the savings that would be realized with a 4% borrowing rate compared to a 6% borrowing rate. Describe at least two factors about your hospital that may drive a lower or higher interest rate.

Answer rating: 100% (QA)

To calculate the savings that would be realized with a 4 borrowing rate compared to a 6 borrowing rate we need to determine the difference in interest ... View the full answer