Team Sports has $5\mathrm{.}5$ million shares of common stock outstanding, $3\mathrm{.}5$ million shares of preferred stock outstanding, and $35$ thousand bonds. If the common shares are selling for $$4\mathrm{.}50$

per share, the preferred share are selling for $$16\mathrm{.}5$ per share, and the bonds are selling for $98\mathrm{.}85$ percent of par, what would be the weight used for common stock in the computation of

Team's WACC?

Multiple Choice

$60\mathrm{.}87\%$

$21\mathrm{.}14\%$

$26\mathrm{.}80\%$

$33\mathrm{.}33\%$