Return to question 3 FarCry Industries, a maker of telecommunications equipment, has 6 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 45,000 bonds. Suppose the common shares are selling for $27 per share, the preferred shares are selling for $14.50 per share, and the bonds are selling for 99 percent of par. points What would be the weight used for equity in the computation of FarCry's WACC? (Round your answer to 2 decimal places,) Answer is complete but not entirely correct. Weight used 16.84 %