Michaels Lawn Service has 2,000 bonds outstanding. These bonds are selling for $800 each. His company also has 1,500 shares of preferred stock with a market price of $32 a share. His common stock is priced at $42 a share and there are 32,000 shares outstanding. What is the weight of the common stock as it relates to the firm's weighted average cost of capital? Select one: a. 43.08 percent b. 46.18 percent c. 47.11 percent d. 44.92 percent e. 55.45 percent