Rizaith Enterprises delivers online academic content the world over. The firm has taken on quite a lot of debt through their recent fast expansion. Currently they have 4 million shares outstanding with a market price of $21, and $210 million of bonds outstanding which are currently priced at $96 per $100 of face value. What is the weight of debt in the company's capital structure (at market values)? Please provide you answer in percent to 2 decimals. For example if your answer is 23.22% enter 23.22.

Hint: The dollar value of bonds outstanding is the total face value of all the bonds outstanding.

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