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Filer Manufacturing has 6,910,339 shares of common stock outstanding. The current share price is $21.35, and the book value per share is $5.22. Filer Manufacturing

Filer Manufacturing has 6,910,339 shares of common stock outstanding. The current share price is $21.35, and the book value per share is $5.22. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $77,527,989, has a 0.08 coupon, matures in 29 years and sells for 91 percent of par. The second issue has a face value of $71,074,551, has a 0.05 coupon, matures in 13 years, and sells for 93 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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