Binomial Tree Farm's financing includes $$5\mathrm{.}10$ million of bank loans and $$6\mathrm{.}10$ million book $($face$)$ value of $10-$year bonds, which are selling at $80\%$ of par value. Its common equity is shown in Binomial's Annual Report at $$6\mathrm{.}77.$ It has $510,000$ shares of common stock outstanding which trade on the Wichita Stock Exchange at $$15$ per share. What debt ratio should Binomial use to calculate its WACC? Note: Round your answer to $2$ decimal places.

Answer is complete but not entirely correct.

$\backslash$table$[[$Market debt ratio,$54\mathrm{.}31$