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Filer Manufacturing has 7,926,999 shares of common stock outstanding. The current share price is $32.02, and the book value per share is $6.22. Filer Manufacturing

Filer Manufacturing has 7,926,999 shares of common stock outstanding. The current share price is $32.02, and the book value per share is $6.22. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $42,619,142, has a 0.07 coupon, matures in 17 years and sells for 96 percent of par. The second issue has a face value of $54,265,507, has a 0.06 coupon, matures in 29 years, and sells for 88 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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