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Filer Manufacturing has 6 , 7 7 6 , 2 5 2 shares of common stock outstanding. The current share price is $ 4 9

Filer Manufacturing has 6,776,252 shares of common stock outstanding. The current share price is $49.55, and the book value per share is $3.12. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $50,929,289, has a 0.09 coupon, matures in 24 years and sells for 96 percent of par. The second issue has a face value of $53,069,846, has a 0.05 coupon, matures in 21 years, and sells for 99 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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