LibreOffice has 85,000 shares of common stock outstanding at a price of $62 a share. They also have 10,000 shares of preferred stock outstanding at a price of $85 a share. The firm has 10,000 8 percent, 20 - year bonds outstanding, with a face value of $1,000, currently trading at 101 percent of face value. The bonds pay interest semiannually. What is the capital structure weight of the firm's debt if the tax rate is 35 percent?