Team Sports has 5.7 million shares of common stock outstanding, 3.7 million shares of preferred stock outstanding, and 37 thousand bonds. If the common shares are selling for $4.70 per share, the preferred share are selling for $16.7 per share, and the bonds are selling for 98.83 percent of par, what would be the weight used for equity in the computation of Team's WACC?

A.)60.40%

B.) 27.24%

C.) 21.41%

D.) 33.33%