ABC issued 190,000 zero coupon bonds 7 years ago. The bonds originally had 30 years to maturity with a yield to maturity of 6.6 percent. Interest rates have recently decreased, and the bonds now have a yield to maturity of 5.7 percent. The bonds have a par value of $2,000 and semiannual compounding. If the company has a $88.2 million market value of equity, what weight should it use for debt when calculating the cost of capital?

answer in 4 decimal places

Weight of debt = ?