ebook Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at ts 89, and its common stock currently pays $2.75 dividend per share (D. - $2,75). The stock's price is currently $23.00, is dividend is expected to grow at a constant rate of 4 per year, its rate is 25% and its WACC IS 14.60% What percentage of the company's capital structure consists of debt? Do not found intermediate calculations. Round your answer to two decimal places 31.50