P14-2 (similar to) Question Help O (Defining capital structure weights) In August 2015 the capital structure of the Emerson Electric Corporation (EMR) (measured in book and market values) was as follows: Book Value Market Value ($ Millions) Short-term debt Long-term debt Common equity Total capital $2,629 4,235 8,000 $14,864 $2,629 4,235 35,789 $42,653 (Click on the icon in order to copy its contents into a spreadsheet.) What weights should Emerson use when computing the firm's weighted average cost of capital? The appropriate weight of debt, wd, is %. (Round to one decimal place.)