For the creation of their company, the shareholders of the company New Challenge plan to realize, at the beginning of 2021, an investment (Economic assets = Fixed assets + WCR) of a value of 2000000 composed of 1600000 of fixed assets and 400000 of WCR.

- The projected EBITDA for the year 2021 is estimated at 410,000.

- The duration of the depreciation of the fixed assets is 8 years.

- The shareholders want to opt for a mixed financing: 40% by equity and 60% by debt.

- The interest rate before tax is 6%.

- The tax rate is 33.1/3%.

Calculate the leverage of the debt, if the shareholders opt for this method of financing.