For the Bilbo corporation below. Debt: 10,000, 5% coupon bonds outstanding, priced at 100% of par value $100, with 15 years to maturity. These bonds pay interest annually. Preferred Stock: 50,000 shares of preferred stock with a dividend of $5.6 per share. It is currently selling at $80 per share. Common Stock: 200,000 shares common stock selling for $50 per share. The stock has a beta of 1.1 Market: The expected return on the market is 8%, and the risk-free rate of return is 3%. tax bracket = 20% What is the proportion or the weight of preferred stock for this company? Group of answer choices .067 .667 .267 1