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what is the weight in debt for the project ?

Ramblin Wreck is a firm specializing in engineering cornponents. The firm is publicly traded and is considering the following project: The project will tast 5.00 years with an annual cash flow of $40.00 million. The project will require an initial investrnent of $140.00 mition The firm must determine the cost of capital to evaluate the project. (The project is within the firm's normal activities) Ramblin Wreck, Ine. Financial Data: The risk free rate in the econorry is currently 2.00%, while investors have a market risk premium of 6.00%. Ramblin Wreck, Inc, has a beta of 1.43 , The tax rate is 36.00%. What is the weight in debt for the project? Answer format: Percentage Round to: 2 decimal places (Example: 9.24%,% sign required. Wil accept decimal format rounded to 4 decimal places (ex=0.0924))