Problem 11-12 Weight of Debt (LG11-4) 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 $28 per share the preferred shares are selling for $27 per share, and the bonds are selling for 108 percent of par. What weight should you use for debt in the computation of OMG's WACC? (Round your answer to 2 decimal places.) Weight used