Judson Inc. recently issued new securities to finance a new TV show. The project cost $$13\mathrm{.}7$ million, and the company paid $$695,000$ in flotation costs. In addition, the equity issued had a flotation cost of $6\mathrm{.}7\%$ of the amount raised, whereas the debt issued had a flotation cost of $2\mathrm{.}7\%$ of the amount raised. If Judson issued new securities in the same proportion as its target capital structure, what is the company$$s target debt$$equity ratio?