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Supose that Lil John Industries' equity is currently selling for $38 per share and that 2.1 million shares are outstanding. Assume the firm also has

Supose that Lil John Industries' equity is currently selling for $38 per share and that 2.1 million shares are outstanding. Assume the firm also has 31,000 bonds outstanding, and they are selling at 102 percent of par. What are athe firm's current capital structure weights? (Do not round intermediate calculations. Round your ansswers to 2 decimal places).

Capital Structure Weights

Equity -------- %

Debt -----------%

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