Judson Inc. recently issued new securities to finance a new TV show. The project cost $$14\mathrm{.}7$ million, and the company paid $$795,000$ in flotation costs. In addition, the equity issued had a flotation cost of $7\mathrm{.}7\%$ of the amount raised, whereas the debt issued had a flotation cost of $3\mathrm{.}7\%$ 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? $($Do not round intermediate calculations. Round the final answer to $4$ decimal places.$)$

Debt$-$Equity ratio