Question 17 1 points Saved Florida Groves has a $380,000 bond issue outstanding that is selling at 97.4 percent of face value. The firm also has 2,600 shares of preferred stock valued at $61 per share and 37,500 shares of common stock valued at $19 per share. What weight should be assigned to the common stock when computing the weighted average cost of capital? O 55.75% 62.20% 58.75% O 57.40% L Moving to another question will save this response. Question 17 of 31