Bill's Boards has 20.4 million shares of common stock outstanding, 4.4 million shares of preferred stock outstanding, and 24.00 thousand bonds. If the common shares are selling for $30.40 per share, the preferred share are selling for $17.40 per share, and the bonds are selling for 95.96 percent of par, what would be the weight used for equity in the computation of Bill's WACC?