The book values of a companys equity and debt are $25,000,000 and $8,000,000, respectively. The market value of the companys equity is $27,200,000. The companys debt is publicly traded and was recently quoted at 85% of face value. If you were calculating this company's WACC, what weighting woud you use for debt in the company's capital structure weights?

Do not round intermediate calculations. Round the final answer to 2 decimal places. Omit the % sign in your response. For example, an answer of 15.39% should be entered as 15.39.