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Filer Manufacturing has 5,627,781 shares of common stock outstanding. The current share price is $63.77, and the book value per share is $3.92. Filer Manufacturing

Filer Manufacturing has 5,627,781 shares of common stock outstanding. The current share price is $63.77, and the book value per share is $3.92. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $49,826,949, has a 0.08 coupon, matures in 17 years and sells for 98 percent of par. The second issue has a face value of $59,650,945, has a 0.06 coupon, matures in 12 years, and sells for 100 percent of par. What is Filer's weight of equity on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345)

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