Sports Corp has 10.4 million shares of common stock outstanding, 5.4 million shares of preferred stock outstanding, and 1.4 million bonds. If the common shares are selling for $25.4 per share, the preferred shares are selling for $12.9 per share, and the bonds are selling for 96.96 percent of par, what would be the weight used for equity in the computation of Sports's WACC?

60.47%

15.62%

33.33%

18.51%