14-2 (similar to) s Question Help (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) Short-term debt Long-term debt Common equity Total capital Book Value $2,552 4,329 8.152 $15,033 Market Value $2,552 4,329 35.634 $42.515 What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, wd, is %. (Round to one decimal place.)