The cost of capital for preferred stock is \%. (Round to one decimal place.) MV Corporation has debt with market value of $98 million, common equity with a book value of $104 million, and preferred stock worth $19 million outstanding. Its common equity trades at $48 per share, and the firm has 5.8 million shares outstanding. What weights should MV Corporation use in its WACC? The debt weight for the WACC calculation is \%. (Round to two decimal places.)