QUESTION $1$

Corporation A has debt with market value of $$161709925,$ common equity with a book value of $$165541427,$ and preferred stock worth $$24263790$ outstanding. Its common equity trades at $$55\mathrm{.}31$ per share, and the firm has $6954258$ shares outstanding. What weight for Debt should Corporation A use in its WACC?

NOTE: Answer in percentages. If your answer is $0\mathrm{.}0204,$ you must answer $2\mathrm{.}04.$ Do not use the $"\%"$ sign.