Calculating Capital Structure Weights A firm has the following target capital structure with $10,492 of debt, $6,428 of preferred stock and $14,571 of equity. The after-tax cost of debt is 5.6%, the cost of preferred stock is 10.98% and the cost of common equity is 16.68%. The firm faces a tax rate of 40%. What will be the firm's weight on equity capital? (your answer should be in percentages so 10% would be entered as 10 or 10%) hint: you need to first find the total amound of invested capital