Milo has tax exempt bonds from Holy Cross Hospital that yield 8.5%. He is in the
ID: 2701848 • Letter: M
Question
Milo has tax exempt bonds from Holy Cross Hospital that yield 8.5%. He is in the 20% tax bracket. His investment banker wants him to buy taxable bonds from Memorial Hospital. What minimum rate must he get on the taxable bonds to make him consider this offer? 10.62% 42.5% 11.67% 8.5%You are billing a patient that was assigned DRG 123 with a weight of .9734 and an adjusted base rate of $4,259. What is the reimbursement for a typical hospital stay for DRG 123? $4,145.71 $5,030.08 $4,351.09 $6,247.27
Milo has tax exempt bonds from Holy Cross Hospital that yield 8.5%. He is in the 20% tax bracket. His investment banker wants him to buy taxable bonds from Memorial Hospital. What minimum rate must he get on the taxable bonds to make him consider this offer? 10.62% 42.5% 11.67% You are billing a patient that was assigned DRG 123 with a weight of .9734 and an adjusted base rate of $4,259. What is the reimbursement for a typical hospital stay for DRG 123? $4,145.71 $5,030.08 $4,351.09 10.62%
Explanation / Answer
42.5%$5,030.08
$5,030.08
42.5%