Question
Question #1 If a health care organization borrowed money using bonds instead of getting a loan from the bank, which statement is most likely FALSE
Question #1 If a health care organization borrowed money using bonds instead of getting a loan from the bank, which statement is most likely FALSE
a.The bond will likely have a lower rate of interest.
b. The fees and time spent at the time of borrowing the money using bonds will likely be less.
c. Bond financing usually can involve borrowing money for longer periods of time and thus reduces the concerns of having to refinance in the near future.
d. Bonds can be used as financing by both taxable, and tax-exempt health care organizations.
Question #2 Which of the organizations below are not significantly involved in the credit ratings of a health organization?
a. Moodys
b. Fitch
c. The Better Business Bureau
d. Standard & Poors
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