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Filer Manufacturing has 4,356,295 shares of common stock outstanding. The current share price is $54.99, and the book value per share is $7.68. Filer Manufacturing

Filer Manufacturing has 4,356,295 shares of common stock outstanding. The current share price is $54.99, and the book value per share is $7.68. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $48,267,389, has a 0.09 coupon, matures in 22 years and sells for 100 percent of par. The second issue has a face value of $73,919,916, has a 0.06 coupon, matures in 20 years, and sells for 81 percent of par. What is Filer's weight of debt on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)

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