Windmere Corp currently is al$-$equity$-$financed. lt has $26,000$ shares of equity outstanding, selling at $$100$ a share. The firm isconsidering a capital restructuring, The low$-$debt plan cals for a debt issue of $$360\mathrm{.}000$ with the proceeds used to buy back sharesThe high$-$debt plan would exchange $$560,000$ of debt for equity. The debt wil pay an interest rate of $11\%.$ The firm pays no taxes.

a$.$ What will be the debt$-$to$-$equity ratio if it borrows $$360,000?($Round your answer to $2$ decimal places.$)$Debt$-$to$-$equity ratio