Suppose Corporation A has a book (face) debt value of $8M, trading at 76% of face value. It also has book equity of $19 million, and 2.54 million shares of common stock trading at $28 per share. What is the weight for debt that Corporation A should use in calculating its WACC?

NOTE: Answer in percentages. That is, if your answer is 90% or 0.90, you should answer 90.00, not 0.90