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 debtequity ratio of 1.37.
• The cost of equity is 13.3 percent and the pretax cost of debt is 7.5 percent.
• The tax rate is 40 percent.

(Do not round intermediate calculations and round your answer to 2 decimal places, e.g., 32.16. Input percentage points only, no % sign)

The weight of the debt is %.