(Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values was a follows: ($ Millions) Book Value Market Value Short-term debt $2,571 $2,571 Long-term debt 4,232 4.232 Common equity 8,102 35,757 Total capital $14,905 $42.560 (Click on the icon in order to copy its contents into a spreadsheet.) What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt. Wg, is % (Round to one decimal place.)