$14\mathrm{.}2($Defining capital structure weights$)$ In August $2015$ the capital structure of the Emerson Electric Corporation $($EMR$)($measured in book and market values$)$ was as follows:

$($$ Millions$)$ Book Value Market Value

Short$-$term debt $ $2,553$ $ $2,553$

Long$-$term debt $4,2894,289$

Common equity $8,08135,690$

Total capital $$14,923$ $$42,532$

a$.$ What weights should Emerson use when computing the firm$$s weighted average cost of capital?

simple formula