Question 26 2.5 pts Our firm has 10,000 10 percent coupon bonds outstanding, 30 years to maturity and a quoted price of 104. Interest is paid semiannually. The book value of the bonds is $10,000,000. The firm has 50,000 shares of preferred stock outstanding and the firm's preferred stock (par $100) pays a 7% annual dividend and currently sells for $93. The book value of the preferred stock is $5,000,000 The firm has 500,000 shares of common stock selling for $50 per share. The book value of equity is $25,000,000 What is the weight of equity in this firm's capital structure (approximately)? 67.0% 23.1% 66.6% 47.5% 62.4%