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Binomial Tree Farm's financing includes $56 milion of bank loans. Its common equity is shown in Binomial's Annual Report at 56.73 milion It has 560,000

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Binomial Tree Farm's financing includes $56 milion of bank loans. Its common equity is shown in Binomial's Annual Report at 56.73 milion It has 560,000 shares of common stock outstanding. which trade on the Wichita Stock Exchange at $17 60 per share What debt ratio should Binomial use to calculate WACC or asset beta? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Debt ratio

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