Market value of Long-Term Type of Financing Mkt Val Weight Long-Term Debt $35M35% Preferred stock $15M15% Common Stock Equity $50M 50% $100M100% 15-515-5 Type of Financing Mkt Val Weight Long-Term Debt $35M 35% Preferred Stock $15M 15% Common Stock Equity $50M 50% $100M 100% Market Value of Long-Term Financing