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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: ($ Millions) Book Value Market Value The appropriate weight of debt, wg, is % (Round to one decimal place.) ($ Millions) Short-term debt Long-term debt Common equity Book Value $2,564 4,378 8,105 Market Value $2,564 4,378 35,779 The appropriate weight of debt, wd, is %. (Round to one decimal place.) Common equity Total capital 8,105 $15,047 35,779 $42,721 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.)

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