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The Chandrasekhar Novae, Inc. has 8 7 , 0 0 0 shares of common stock outstanding at a price of $ 3 3 a share.

The Chandrasekhar Novae, Inc. has 87,000 shares of common stock outstanding at a price of $33 a share. It also has 16,000 shares of preferred stock outstanding at a price of $67 a share. There are five hundred 9 percent bonds outstanding that are priced at par. The bonds mature in 12 years, pay interest semiannually, and have a face value of $1,000. What is the capital structure weight (in percents) of the preferred stock?
Answer Tolerance: \pm 0.125

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