JackITs has 6.0 million shares of common stock outstanding, 2.0 million shares of preferred stock outstanding, and 30.00 thousand bonds. If the common shares are selling for $29.10 per share, the preferred shares are selling for $14.50 per share, and the bonds are selling for 97.90 percent of par, what would be the weight used for equity in the computation of JackIT's WACC?
66.67%
33.33%
74.72%
74.95%