Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at rd $=11\%,$ and its common stock currently pays a $$3\mathrm{.}00$ dividend per share $($D$0=$ $$3\mathrm{.}00).$ The stock's price is currently $$27\mathrm{.}50,$ its dividend is expected to grow at a constant rate of $6\%$ per year, its tax rate is $25\%,$ and its WACC is $13\mathrm{.}20\%.$ What percentage of the company's capital structure consists of debt? Do not round intermediate calculations. Round your answer to two decimal places.

$($ANSWER$)\%$