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Filer Manufacturing has 6,003,814 shares of common stock outstanding. The current share price is $77.08, and the book value per share is $7.86. Filer Manufacturing

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Filer Manufacturing has 6,003,814 shares of common stock outstanding. The current share price is $77.08, and the book value per share is $7.86. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $66,317,011, has a 0.06 coupon, matures in 13 years and sells for 88 percent of par. The second issue has a face value of $64,617,240, has a 0.06 coupon, matures in 18 years, and sells for 97 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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