(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) Short-term debt Long-term debt Common equity Total capital Book Value $2,466 4,272 8,126 $14,864 Market Value $2,466 4,272 35,709 $42,447 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.)