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Filer Manufacturing has 6,187,033 shares of common stock outstanding. The current share price is $53.6, and the book value per share is $4.16. Filer Manufacturing

Filer Manufacturing has 6,187,033 shares of common stock outstanding. The current share price is $53.6, and the book value per share is $4.16. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $43,153,763, has a 0.05 coupon, matures in 25 years and sells for 99 percent of par. The second issue has a face value of $48,881,925, has a 0.07 coupon, matures in 25 years, and sells for 83 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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