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Filer Manufacturing has 6,077,013 shares of common stock outstanding. The current share price is $51.11, and the book value per share is $9.61. Filer Manufacturing

Filer Manufacturing has 6,077,013 shares of common stock outstanding. The current share price is $51.11, and the book value per share is $9.61. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $77,389,840, has a 0.08 coupon, matures in 25 years and sells for 94 percent of par. The second issue has a face value of $62,275,397, has a 0.06 coupon, matures in 17 years, and sells for 87 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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