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Filer Manufacturing has 7,374,143 shares of common stock outstanding. The current share price is $25.06, and the book value per share is $3.49. Filer Manufacturing

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Filer Manufacturing has 7,374,143 shares of common stock outstanding. The current share price is $25.06, and the book value per share is $3.49. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $64,955,769, has a 0.08 coupon, matures in 30 years and sells for 97 percent of par. The second issue has a face value of $56,327,527, has a 0.09 coupon, matures in 8 years, and sells for 95 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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