JTC is in the process of setting its target capital structure. The CFO believes that the optimal weight of debt is somewhere between 30% and 0%. The JTC staff has compiled the following projections for EPS and the WACC at various debt levels: Weight of Debt Projected EPS WACC 30% $3.30 10% 40% $3.35 9% 50% $3.40 9.5% 60% $3.50 10.5% What is JTC's optimal weight of debt? 50% 30% 60% 40%