"The FIN340 Company has the following capital structure: 29,000,000 shares of common stock outstanding which currently trade for $69.50 per share; 3,000,000 shares of preferred stock outstanding which currently trade for $64.50 per share; and 725,000 bonds outstanding which currently trade for 97% of par value (note: Par Value for each bond = $1,000) - what is the Common Stock Weighting within the company's total capital structure?"

24.1%

75.9%

62.6%

33.3%

Not Possible to Compute With the Data Provided

69.2%

6.6%