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Filer Manufacturing has 7,559,705 shares of common stock outstanding. The current share price is $63.51, and the book value per share is $6.92. Filer Manufacturing

Filer Manufacturing has 7,559,705 shares of common stock outstanding. The current share price is $63.51, and the book value per share is $6.92. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $40,580,801, has a 0.07 coupon, matures in 25 years and sells for 91 percent of par. The second issue has a face value of $58,464,710, has a 0.05 coupon, matures in 29 years, and sells for 89 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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