Company X has total equity of R400 000 stated on its most recent statement of financial position (balance sheet). The company has 100 000 shares is issue and the shares are currently trading at a rather stable price of R5 apiece. If the company has total liabilities of R500 000 and no target debt ratio, what would the weight of equity be in the company's WACC calculation (assuming you want to calculate an accurate WACC)?