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Calculate the capital structure weight of debt given the following information: (Not all information might be used) The company issues only common stock and coupon

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Calculate the capital structure weight of debt given the following information: (Not all information might be used) The company issues only common stock and coupon bonds. The company has a debt-equity ratio of 1.45. The cost of equity is 13.3 percent and the pretax cost of debt is 7.5 percent. The tax rate is 40 percent. The weight of the debt is: (Do not round intermediate calculations and round your answer to 2 decimal places. Input percentage points only, no % sign, e.g., 32.16)

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