Goodbye Inc recently issued new securities to finance a new TV show. The project cost $$19$M$,$ and the company paid $$1,150,000$ in flotation costs. In addition, the equity issued had a flotation costs of $7\%$ of the amount raised, where as the debt issued had a flotation cost of $3\%$ of the amount raised. If Goodbye issued new securities in the same proportion as its target capital structure, what is the company's target debt$-$to$-$equity ratio? $($Answer: $0\mathrm{.}4760)$