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ABC, Inc., has 1,616 shares of common stock outstanding at a price of $308 a share. They also have 1,595 shares of preferred stock outstanding

ABC, Inc., has 1,616 shares of common stock outstanding at a price of $308 a share. They also have 1,595 shares of preferred stock outstanding at a price of $40 a share. There are 131 bonds outstanding that are priced at $1,135. What is the weight of the preferred stock in the capital structure?

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