round intermediate calculations. Round your answer to two decimal places. %

Hook Industries's capital structure consists solely of debt and common equity. It can currently $32.25, its dividend is expected to grow at a constant rate of 8% per year, round intermediate calculations. Round your answer to two decimal places. 0/0 issue debt at rd = 11%, and its common stock currently pays a $2.00 dividend per share (Do = $2.00). The stock's price is its tax rate is 25%, and its WACC is 14.15%. What percentage of the company's capital structure consists of debt? Do not