Binomial Tree Farms financing includes $6.40 million of bank loans and $7.40 million book (face) value of 10-year bonds, which are selling at 90% of par value. Its common equity is shown in Binomials Annual Report at $8.07. It has 640,000 shares of common stock outstanding which trade on the Wichita Stock Exchange at $29 per share. What debt ratio should Binomial use to calculate its WACC? (Round your answer to 2 decimal places.)