To finance the purchase, GBH will sell 20-year bonds with a $1000 par value paying 7.9 percent per year (paid semi annually) at the market price of $928. Preferred stock paying a $2.55 dividend can be sold for $34.76. Common stock for GBH is currently selling for $49.62 per share. The firm paid a $3.94 dividend last year and expects dividends to continue at a rate of 3.8 percent per year into the indefinite future. The firm’s marginal tax rate is 34 percent. What discount rate should you use to evaluate the warehouse project? a. Calculate component weights of capital. The weight of debt in the firm’s capital structure is ___%