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Filer Manufacturing has 7,544,209 shares of common stock outstanding. The current share price is $78.32, and the book value per share is $6.7. Filer Manufacturing

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Filer Manufacturing has 7,544,209 shares of common stock outstanding. The current share price is $78.32, and the book value per share is $6.7. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $65,473,373, has a 0.08 coupon, matures in 22 years and sells for 82 percent of par. The second issue has a face value of $55,244,945, has a 0.06 coupon, matures in 18 years, and sells for 93 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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