1) a. Which one of the following two bonds would you purchase if your marginal tax rate is 28% (show your work, 5 points): Corporate bond which yields 12% rate of return Municipal bond which yields 7% rate of return 2) General Hospital, a non-for-profit acute care facility, has the following cost structure for its inpatients services (10 points): Fixed costs $10,000,000 Variable cost per inpatient day $200 Charge (revenue) per inpatient day $1,000 The Hospital expects to have a patient load of 15,000 inpatient days next year. a. Construct the Hospital's base case projected P&L statement. b. What is the Hospital's breakeven volume? c. What volume is required to provide a profit of $1,000,0007 delete