Famas Llamas has a weighted average cost of capital of 9.5 percent. The companys cost of equity is 11 percent, and its cost of debt is 7.5 percent. The tax rate is 40 percent. What is the companys debtequity ratio? (Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.)

Debtequity ratio