BetterPie Industries has 3 million shares of common stock outstanding, 2 million shares of preferred stock outstanding, and 10,000 bonds. Assume the common shares are selling for $44 per share, the preferred shares are selling for $21.50 per share, and the bonds are selling for 98 percent of par. What would be the weights used in the calculation of BetterPies WACC? Equity weight %

Preferred stock weight %

Debt weight %