Occam Industrial Machines issued $110,000$ zero coupon bonds $6$ years ago. The bonds originally had $30$ years to maturity with a yield to maturity of $5\mathrm{.}9$ percent. Interest rates have recently decreased, and the bonds now have a yield to maturity of $5$ percent. The bonds

$2$ points have a par value of $$2,000$ and semiannual compounding. If the company has a $$75\mathrm{.}4$ million market value of equity, what weight should it use for debt when calculating the cost of capital?

Note: Do not round intermediate calculations and round your answer to $4$ decimal places, e$.$g$.,.1616.$

Answer is complete but not entirely correct.

$\backslash$table$[[$Weight of debt,$0\mathrm{.}5118$