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Solar Shades has 8 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 1 0 thousand bonds. If the common

Solar Shades has 8 million shares of common stock outstanding, 4 million shares of preferred stock outstanding, and 10 thousand bonds. If the common shares are selling for $13 per share, the preferred shares are selling for $30 per share, and the bonds are selling for 105 percent of par, what would be the weight used for common stock in the computation of Solar Shades' WACC?
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44.35 percent
46.42 percent
33.33 percent
66.61 percent

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