(Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows:

($ Millions) Book Value Market Value

Short-term debt $2650 $2650

Long-term debt $4202 $4202

Common equity $8083 $35779

Total capital $14935 $42631

What weights should Emerson use when computing the firm's weighted average cost of capital?

The appropriate weight of debt, wd, is____% (Round to one decimal place.)

The appropriate weight of common equity, wcs, is____ %. (Round to one decimal place.)