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value 0.50 points The Auto Group has 1,000 bonds outstanding that are selling for $800 each. The company also has 7,900 shares of preferred stock

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value 0.50 points The Auto Group has 1,000 bonds outstanding that are selling for $800 each. The company also has 7,900 shares of preferred stock at a market price of $45 each. The common stock is priced at $40 a share and there are 25.000 shares outstanding. What is the welght of the preferred stock as it relates to the firm's welghited average cost of capltal? 32 99 percent O 16 49 percent O 46.39 percert O 3711 percerit O s25 percent Ch shar nal A

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