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MV Corporation has debt with a market value of $ 2 0 0 million, common equity with a book value of $ 1 0 0

MV Corporation has debt with a market value of $200 million, common equity with a book value of $100 million, and preferred stock with a book value of $20 million. Its common equity trades at $30 per share, and the firm has 5 million common shares outstanding. In addition, it has 1 million preferred shares outstanding which trade at $25 per share. When calculating WACC, what weight should MV Corporation for its debt (Wd)?
a)Wd=62.50%
b)Wd=54.05%
c)Wd=61.54%
d)Wd=53.33%
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