Famas Llamas has a weighted average cost of capital of 11 percent. The companys cost of equity is 13 percent, and its pretax cost of debt is 9 percent. The tax rate is 40 percent. What is the companys target debtequity ratio? (Do not round intermediate calculations and round your final answer to 4 decimal places, e.g., 32.1616.) Debtequity ratio