Hook Industries's capital structure consists solely of debt and common equity. It can issue debt at rd-9%, and its common stock currently pays a $3.75 dividend per share (Do-$3.75. The stock's price is currently $30.75, its dividend is expected to grow at a constant rate of 5% per year, its tax rate is 35% and its ACC is 13.05% what percentage of the company's capital structure consists f debt? Do not round intermediate calculations. Round your answer to two decimal places