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In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was asfollows: ($ Millions) Book Value Market

In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was asfollows:

($ Millions)

Book Value

Market Value

Short-term debt

$2,459

$2,459

Long-term debt

$4,204

$4,204

Common equity

$7,995

$35,783

Total capital

$14,658

$42,446

What weights should Emerson use when computing the firm's weighted average cost of capital?

The appropriate weight of debt, dwd, is %.(Round to one decimal place.)

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