Occam Industrial Machines issued $115,000$ zero coupon bonds $7$ years ago. The bonds originally had $30$ years to maturity with a yield

to maturity of $6$ percent. Interest rates have recently decreased, and the bonds now have a yield to maturity of $5\mathrm{.}1$ percent. The bonds

have a par value of $$2,000$ and semiannual compounding. If the company has a $$76\mathrm{.}2$ 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$.,.1616.$

Weight of debt