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Filer Manufacturing has 7,400,158 shares of common stock outstanding. The current share price is $51.83, and the book value per share is $5.2. Filer Manufacturing

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Filer Manufacturing has 7,400,158 shares of common stock outstanding. The current share price is $51.83, and the book value per share is $5.2. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $60,011,601, has a 0.07 coupon, matures in 9 years and sells for 85 percent of par. The second issue has a face value of $50,074,060, has a 0.08 coupon, matures in 7 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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