Pepper Inc's capital structure consists solely of debt and common equity. It can issue debt at 10%, and its common stock currently pays a $2.00 dividend per share. The stock's price is currently $29.10, its dividend is expected to grow at a constant rate of 7% per year, its tax rate is 34%, and its WACC is 13.26%. What percentage of the company's capital structure consists of debt? Answer as a percentage with 2 decimals (ex. 16.61)