the basic WACC equation

The calculation of a weighted average cost of capital (WACC) Involves calculating the welghted average of the required rates of return an debt and equity, where the weights equal the percentage of each type of financing in the firm's overall capital structure. Is the symbol that represents the cost of preferred stock in the weighted average cost of capital (WACC) equation Kenji Co has $2.3 million of debt, $3.76 million of preferred stock, and $2.7 million of common equity. What would be its weight on debt? 34,34% 38.63% 26.26% 47.21%