Weight of preferred stock?

Weight of equity for WACC?

MV Corporation has debt with market value of $95 million, common equity with a book value of $100 million, and preferred stock worth $22 million outstanding. Its common equity trades at $50 per share, and the firm has 6.3 million shares outstanding. What weights should MV Corporation use in its WACC? The dobt weight for the WACC calculation is 6. (Round to two decimal places.) The preferred stock weight for the WACC calculation is \%. (Round to two decimal places.)