The Downtowner Has 168,000 Shares of Common Stock Outstanding Valued

The Downtowner has 168,000 shares of common stock outstanding valued at $53 a share along with 13,000 bonds selling for $1,008 each. What weight should be given to the debt when the company computes its weighted average cost of capital?

A) 46.67 percent
B) 65.05 percent
C) 51.79 percent
D) 59.54 percent
E) 48.27 percent