Optimal capital structure Jackson Trucking Company is in the process of setting its target capital structure. The CFO believes the optimal debt-to-capital ratio is somewhere between 20% and 50%, and her staff has compiled the following projections for EPS and the stock price at various debt levels: Debt/CapitalProjectedProjected Stock Ratio..EPS..Price 20%.$3.30$34.75 30%.$3.40$35.75 40%.$3.75$36.25 50%.$3.60$33.75 Assuming that the firm uses only debt and common equity, what is Jackson's optimal capital structure? Round your answers to two decimal places. 40% debt 60% equity At what debt ratio is the company's WACC minimized? Round your answer to two decimal places. _______________%