Problem $11-11$ Spreadsheet Problem: WACC Weights $($LG$11-4)$

BetterPie Industries has $8$ million shares of common stock outstanding, $6$ million shares of preferred stock outstanding, and $25,000$ bonds. Assume the common shares are selling for $$47$ per share, the preferred shares are selling for $$24\mathrm{.}50$ per share, and the bonds are selling for $99$ percent of par.

What would be the weights used in the calculation of BetterPie's WACC?

Note: Do not round intermediate calculations. Round your answers to $2$ decimal places.

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