MV Corporation has debt with market value of

$104

million, common equity with a book value of

$100

million, and preferred stock worth

$20

million outstanding. Its common equity trades at

$45

per share, and the firm has

6.1

million shares outstanding. What weights should MV Corporation use in its WACC?

Question content area bottom

Part 1

The debt weight for the WACC calculation is

enter your response here%.

(Round to two decimal places.)