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OMG Inc. has 5 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 6,000 bonds. Suppose the common shares are

OMG Inc. has 5 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 6,000 bonds. Suppose the common shares are selling for $26 per share, the preferred shares are selling for $25 per share, and the bonds are selling for 109 percent of par.

What weight should you use for debt in the computation of OMGs WACC? (Round your answer to 2 decimal places.)

Weight used %

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