Jackson Trucking Company is in the process of setting its target capital structure. The CFO believes the optimal debt-to-capital ratio is somewhere between 20% and 50%, and her staff has compiled the following projections for EPS and the stock price at various debt levels:

Debt/Capital Ratio	Projected EPS	Projected Stock Price
20%	$3.05	$34.50
30	3.60	37.25
40	3.70	36.75
50	3.60	32.25

Assuming that the firm uses only debt and common equity, what is Jackson's optimal capital structure? (Round your answers to two decimal places.)

_______ % Debt

_______ % Equity

At what debt ratio is the company's WACC minimized? Round your answer to two decimal places.

_______ %