Question: Westfield Enterprise's value is ( $ 500,000 ). Its debt is ( $ 100,000 ). Preferred stock is ( $ 50,000 ). Its 30 -year

Westfield Enterprise's value is \( \$ 500,000 \). Its debt is \( \$ 100,000 \). Preferred stock is \( \$ 50,000 \). Its 30 -year bond is currently sold at \( \$ 1,050 \). The coupon rate is \( 8 \% \)

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