Suppose that a company's equity is currently selling for $30 per share and that there are 5 million shares outstanding. If the firm also has 20 thousand bonds outstanding, which are selling at 98 percent of par ($1,000), what are the firm's current capital structure weights for equity and debt respectively?

a. 50%, 50%

b. 88.44%, 11.56%

c. 99.60%, 0.40%

d. 88.23%, 11.77%