Calculating Capital Structure Weights A firm has the following target capital structure with $19,601 of debt, $5,684 of preferred stock and $10,756 of equity. The after-tax cost of debt is 6.99%, the cost of preferred stock is 9.26% and the cost of common equity is 16.1%. The firm faces a tax rate of 40%. What will be the firm's weight on equity capital? (your answer should be in percentages go 10% would be entered as 10 or 10%) hint: you need to first find the total amound of invested capital