ABC, Inc., has 1,294 shares of common stock outstanding at a price of $258 a share. They also have 1,189 shares of preferred stock outstanding at a price of $55 a share. There are 212 bonds outstanding that are priced at $1,087. What is the weight of the preferred stock in the capital structure? Enter your answer as a percentage rounded off to two decimal points. Do not enter % in the answer box.

ABC, Inc., has 1,294 shares of common stock outstanding at a price of \\( \\$ 258 \\) a share. They also have 1,189 shares of preferred stock outstanding at a price of \\( \\$ 55 \\) a share. There are 212 bonds outstanding that are priced at \\( \\$ 1,087 \\). What is the weight of the preferred stock in the capital structure? Enter your answer as a percentage rounded off to two decimal points. Do not enter \ in the answer box