As a CFO of the firm, you must estimate the weights of each capital components to find your firm's WACC. Your estimate of each weight is based on the market value of each component. The following is the information: The stock is currently selling for $15.25 per share, and its noncallable $1,000 par value, 20-year, 7.25% bonds with semiannual payments are selling for $875.00. The beta is 1.25, the yield on a 6-month Treasury bill is 3.5%, and the yield on a 20-year Treasury bond is 5.50%. The required return on the stock market is 11.5%. The firm's tax rate is 40%. Its balance sheet shows that the number of outstanding common shares is 4,000,000, and the number of bond outstanding is 20,000.

Given this information, what is the weight of equity and bond, respectively, in its WACC calculation?