FarCry Industries, a maker of telecommunications equipment, has $5$ million shares of common stock outstanding, $2$ million shares of

preferred stock outstanding, and $20,000$ bonds. Suppose the common shares sell for $$25$ per share, the preferred shares sell for

$$13\mathrm{.}50$ per share, and the bonds sell for $97$ percent of par.

What weight should you use for preferred stock in the computation of FarCry's WACC?

Note: Round your answer to $2$ decimal places.