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Hook Industries's capital structure consists solely of debt and comman equity. It can issue debt at rd=8%, and its common stock currently pars a sz.

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Hook Industries's capital structure consists solely of debt and comman equity. It can issue debt at rd=8%, and its common stock currently pars a sz. 00 dividend per share (Co a 12.00). The stook's price is currently 322.50, its dividend a frpected to grow at a constant nate of 5% per vear, its tax rate is 25%, and its whcc is 13.104, What percentage of the company r capital structure consists of debe Do not round intermediate calculatlone. Round your answer to two decimal places

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