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OMG Inc. has 7 million shares of common stock outstanding, 5 million shares of preferred stock outstanding, and 4,000 bonds. Suppose the common shares are

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OMG Inc. has 7 million shares of common stock outstanding, 5 million shares of preferred stock outstanding, and 4,000 bonds. Suppose the common shares are selling for $27 per share the preferred shares are selling for $26 per share, and the bonds are selling for 108 percent of por What weight should you use for debt in the computation of OMG's WACC? (Round your answer to 2 decimal places.) Welght used I %

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