Judson Inc. recently issued new securities to finance a new TV show. The project cost $13.8 in flotation costs. In addition, the equity issued had a flotation cost of 6.8% of the amount rais flotation cost of 2.8% of the amount raised. If Judson issued new securities in the same prop is the company's target debt-equity ratio? (Do not round intermediate calculations. Round Debt-Equity ratio