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Filer Manufacturing has 6,657,080 shares of common stock outstanding. The current share price is $42.82, and the book value per share is $5.15. Filer Manufacturing

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Filer Manufacturing has 6,657,080 shares of common stock outstanding. The current share price is $42.82, and the book value per share is $5.15. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $45,719,208, has a 0.08 coupon, matures in 11 years and sells for 88 percent of par. The second issue has a face value of $77,222,319, has a 0.06 coupon, matures in 16 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 ) Filer Manufacturing has 6,657,080 shares of common stock outstanding. The current share price is $42.82, and the book value per share is $5.15. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $45,719,208, has a 0.08 coupon, matures in 11 years and sells for 88 percent of par. The second issue has a face value of $77,222,319, has a 0.06 coupon, matures in 16 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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