JackITs has 6.9 million shares of common stock outstanding, 2.9 million shares of preferred stock outstanding, and 39.00 thousand bonds. If the common shares are selling for $30.00 per share, the preferred shares are selling for $15.40 per share, and the bonds are selling for 97.81 percent of par, what would be the weight used for equity in the computation of JackIT's WACC? 70.13% 33.33% 71.43% 66.67%