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AGN Inc has a WACC of 6%, a cost of debt of 5% and a cost of equity of 7.2%. AGN's tax rate is 20%.

AGN Inc has a WACC of 6%, a cost of debt of 5% and a cost of equity of 7.2%. AGN's tax rate is 20%. What is AGN's capital structure weight of debt? Report your answer as a decimal rounded to 4 decimal places.

Note: AGN has no preferred equity.

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