QUESTION $1$

"Suppose Corporation A has a book $($face$)$ debt value of $$11$ Million USD, trading at $78\%$ of its face value. It also has book equity of $$15$ Million USD, and $10$ Million shares of common stock trading at $$10$ per share. What weights should Corporation A use for Debt capital when calculating its WACC? Express your answers in strictly numerical terms. For example, if the answer is $5\%,$ write $0\mathrm{.}05"$