Kim's Bridal Shoppe has 12,000 shares of common stock outstanding at a price of $14 a share. It also has 5,000 shares of preferred stock outstanding at a price of $31 a share. There are 65 bonds outstanding that have a 6 percent semiannual coupon. The bonds mature in 9 years, have a face value of $1,000, and sell at 93 percent of par. What is the capital structure weight of the common stock?

Weight of common stock =