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Filer Manufacturing has 4 , 2 2 6 , 5 2 5 shares of common stock outstanding. The current share price is $ 7 7

Filer Manufacturing has 4,226,525 shares of common stock outstanding. The current share price is $77.05, and the book value per share is $4.08. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $44,186,119, has a 0.08 coupon, matures in 24 years and sells for 83 percent of par. The second issue has a face value of $65,727,001, has a 0.08 coupon, matures in 11 years, and sells for 81 percent of par. What is Filer's weight of equity on a market value basis?

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