Sports Corp has 10.2 million shares of common stock outstanding, 5.2 million shares of preferred stock outstanding, and 1.2 million bonds. If the common shares are selling for $25.2 per share, the preferred share are selling for $12.7 per share, and the bonds are selling for 96.98 percent of par, what would be the weight used for equity in the computation of Sports's WACC?

61.45%

17.29%

33.33%

20.90%