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Filer Manufacturing has 4,920,502 shares of common stock outstanding. The current share price is $39.27, and the book value per share is $9.76. Filer Manufacturing

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Filer Manufacturing has 4,920,502 shares of common stock outstanding. The current share price is $39.27, and the book value per share is $9.76. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $59,344,353, has a 0.07 coupon, matures in 6 years and sells for 94 percent of par. The second issue has a face value of $61,525,651, has a 0.08 coupon, matures in 7 years, and sells for 84 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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