Deckers has 1,200 bonds outstanding that are currently selling for $955 each. These bonds have a face value of $1,000 each. The company also has 2,500 shares of preferred stock with $100 per share face value that have a current market price of $27 a share. The common stock is currently priced at $35 a share and there are 28,000 shares outstanding. What is the weight of the common stock as it relates to the firm's weighted average cost of capital?