PSUWC currently has 988000 shares of stock outstanding at a current price of $ 68.00. Even though the company has outstanding stock, it is not publicly traded and therefore there is no publicly available financial information. However, after analysis management believes that its equity beta is 1.64.

The company also has 117000 bonds outstanding, with a current price of $ 1,028.00. The bonds pay interest semi-annually at a coupon rate of 4.50 %. The bonds have a par value of $1,000 and will mature in 9 years. The average corporate tax rate was 40 %.

Calculate the weights of Equity and Weights of Debt for the firm.