ca ellek Hook Industries's capital structure consists solely of debt and common culty. It can be debt and its common stock currently pays a $3.00 dividend per share $3.00). The stock price is currently 534.00, its dividend is expected to grow at a constant rate of 75 per year, its tax rate 25%, and its WACC 12.70% What percentage of the company's capital structure consists of debt? Do not round Intermediate calculations. Hound your answer to two decimal places