MV Corporation has debt with market value of $95 million, common equity with A book value of $100 million and preferred stock worth $22 million outstanding. It's common equity trades at $50 per share and the firm has 6.3 million shares outstanding. What weights should MV corporation use in its WACC?

The debt weight for the WACC calculation is %?

MV Corporation has debt with market value of $95 million, common equity with a book value of $100 million, and preferred stock worth $22 million outstanding. Its common equity trades at $50 per share, and the firm has 6.3 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WAC: calculation is \%. (Round to two decimal places.)