Calculating Capital Structure Weights A firm has the following target capital structure with $14,583 of debt, $3,275 of preferred stock and $12,639 of equity. The after-tax cost of debt is 6.09%, the cost of preferred stock is 10.38% and the cost of common equity is 15.17%. 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