P 13-1 (similar to MV Corporation has debt with market value of $103 million, common equity with a book value of $99 million, and preferred stock worth $21 million outstanding. Its common equity trades at $50 per share, and the firm has 5.5 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is %. (Round to two decimal places.)