Hook Industries's capital structure consats solely of debt and common equity. It can issue debt at re = 12%, and its commen stock currently pays a $4.00 aividend per share (O. = 54.00). The stocks price is currenthy $27.75, its dividend is expected to grow at a constant rate of 5% per year, its tax rate is 25%, and its wacc is 12.559 . What pereentage of the company's capital structure consiets of debe? Do not reund intermediate calculations, flound your answer to two decimal places