I did the first few calculations and got cost of equity equal to .1720930233 or 17.21% but I cant seem to complete the problem.

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 $2.75 dividend per share (D0 = $2.75). The stock's price is currently $32.25, its dividend is expected to grow at a constant rate of 8% per year, its tax rate is 40%, and its WACC is 14.75%. What percentage of the company's capital structure consists of debt? Do not round intermediate calculations. Round your answer to two decimal places. answer= %