Question: A private hosptial with sucessful history of traditional patient care is seeking to open a hlistic treatment center off site. It has secured an initial loan on five million dollars. how would the nature of this venture affect the interest rate that could be expected on the loan?
1) a lower interes tate lone due to the orgainizations current assets,
2) a higher interest rate loand ue to the hospitals sucess rate,
3) a lower interest rate loan due to the location of new site.
4) A higher interest rate loan due to the alternative patient care.