Binomial Tree Farm's financing includes $5.9 million of bank loans. Its common equity is shown in Binomial's Annual Report at $6.76 million. It has 590,000 shares of common stock outstanding, which trade on the Wichita Stock Exchange at $17.30 per share. What debt ratio should Binomial use to calculate its company cost of capital or asset beta? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places