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(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:

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(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: (5 Millions) Book Value Market Value Short-term debt $2,529 $2,529 Long-term debt 4,254 4,254 Common equity 8,175 35,647 Total capital $14.958 $42.430 (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.)

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