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Explain the basic characteristics of the provider-insurer pact in the US health care system (1940s- 1970s) in terms of financing (e.g., purchasers’ payments & reimbursement), relative powers of parties involved (such as purchasers, insurers, providers, suppliers), and overall health care expenditures. (Do not forget to explain what insurer-provider pact was, how it worked, and why it did last so long). Based on Bodenheimer and Grumbach (2009) and your related readings (especially Santerre & Neun-chapter 4 & 6), answer the following questions.
Suppose we are thinking about replacing an old computer with a new one. The old one cost us $1,340,000; the new one will cost, $1,600,000. The new machine will be depreciated straight-line to zero over its five-year life. The tax rate is 40 percent, ..
Scribble, Inc. has sales of $82,000 and cost of goods sold of $66,000. The firm had a beginning inventory of $12,000 and an ending inventory of $14,000. What is the length of the days' sales in inventory?
Compute the means and covariances of the rates of return on these three assets. - Draw the efficient frontier if you can only invest in VEURX and VPACX.
Assume a two-year Euro-note (pays coupon annually), $100,000 par value, an annual coupon rate of 10 percent and convexity of 2.7. If today’s YTM is 11.6 percent and term structure is flat, a. What does convexity measure? Why does convexity differ amo..
The recent financial reports indicate that the company has $5.50 of EPS. What is the dividend amount according to the policy?
What is a 'multinational enterprise (MNE)'? when do we call a firm an MNE? Will the nominal payment of a mortgage increase over time with inflation and why? The economic meaning of the beta coefficient explain briefly
What are the company’s gains or losses from its futures positions?
Buster's Beverages is negotiating a lease on a new piece of equipment that would cost $100,000 if purchased. The equipment falls into the MACRS 3-year class, and it would be used for 3 years and then sold, because the firm plans to move to a new faci..
Anron corporation paid a dividend today of $3.50 per share, and the dividend is expected to grow at a constant rate of 6% per year. If Anron stock is selling for $61.83 per share, the stockholders' expected rate of return is:
Determine the missing pieces of this balance sheet: Kenny’s Total Current Assets? Kenny’s Total Assets? Kenny’s Total Current Liabilities? What were cash from operations? How much cash was (used) or generated from investing activities? How much cash..
Benson Corporation announced that its net income for the year ended June 30, 2015 is $1,400,000. The company also reported EBITDA of $5,000,000, and depreciation and amortization expense of $1,250,000. If the company's income tax rate is 50 percent, ..
You are analyzing the following two mutually exclusive projects and have developed the following information. What is the crossover rate?
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