Fessenden Corporation has accumulated a significant amount of debt as a result of debt$-$financed acquisitions of other companies. It is currently considering acquiring one of its competitors, Sonar Corporation. Fessenden's existing debt covenants stipulate that it cannot go beyond a debt to equity ratio of $1\mathrm{.}25$:$1$ and a net debt as a percentage of capitalization ratio of $0\mathrm{.}90$:$1.$ The acquisition of Sonar will cost $$75$ million. Fessenden's current leverof equity is $$480$ million and its current level of interest$-$bearing debt is $$606$ million. Fessenden has a cash balance of $$78$ million. It will finance the acquisition with a $10-$year bond of $$75$ million that carries a $5\%$ interest rate sold at par.

Determine Fessenden's debt to equity ratio and net debt as a percentage of capitalization ratio prior to the proposed acquisition. $($Round answers to $2$ decimal places, e$.$g$.1\mathrm{.}25.)$

Debt to Equity $$

Net Debt as a Percentage of Total Capitalization $$