Question: Question 2 (1.5 points) The Only Company has a total Debt of $600,000. The Long Term Debt is 55% of the Total Debt of the

Question 2 (1.5 points) The "Only Company" has a total Debt

Question 2 (1.5 points) The "Only Company" has a total Debt of $600,000. The Long Term Debt is 55% of the Total Debt of the company and its Cost of Capital is 7.00%, while the Short Term Debt Cost of Capital is 10.50%. The "Only Company" also has 20,000 outstanding shares that are being sold for $8.00 each, and 5,000 in preferred shares selling at $25.00 each. Find the value (dollar amount) of the Long-Term Debt. $270,000 $330,000 $160,000 $230,000

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