can you explain your answer?

Tbe calculation of waCc involves calculating the weighted average of the required rates of return on debt, preferred stock, and common equity, where the welgtts equal the percentage of each type of finanding in the firm's overall capital structure. is thatsymbol that represents the cost of nreferred stock in the weighted average cost of capital (WacC) equation. To . has 53.9 million of debt, 52.5 million of preferred stock and $2.2 milison of common equity. What would be its weight on preferred stock? The calculation of WACC involves calcalating the weighted zyerage of the required rates of return on debt, preferred stock, and common equity, where the weights equal the percentage of each type of financing in the firm's overall capital structure. Is the symbol that represents the cost of preferred stock in the weighted average cost of caplital (wacc) equation. Avery Co. has $3.9 milion of debt, 52.5 milition of prefarred stock, and $2.2 malifon of common equity, What would be its weight on preferred stock? 0.29 0.32 0.45 0.23