"The FIN340 Company has the following capital structure: 65,100,000 shares of common stock outstanding which currently trade for $31.00 per share; 2,900,000 shares of preferred stock outstanding which currently trade for $23.25 per share; and 777,000 bonds outstanding which currently trade for 96% of par value (note: Par Value for each bond = $1,000) - what is the Common Stock Weighting within the company's total capital structure?"

26.34%

73.66%

70.50%

73.01%

70.09%

71.27%

28.73%