Hook Industries's capital structure consists solely of debt and common equity. It can issue debt att - 10% and its common stock currently pays a $3.50 dividend per share (Ds - $3.50). The stock's price is currently 529.25, is dividend is expected to grow at a constant rate of 8% per year, its tax rate is 25%, and its WACC is 15.25%. What percentage of the company's capital consists of debt? Do not round intermediate calculations. Round your answer to two decimal places