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Filer Manufacturing has 7,931,045 shares of common stock outstanding. The current share price is $56.07, and the book value per share is $7.72. Filer Manufacturing

Filer Manufacturing has 7,931,045 shares of common stock outstanding. The current share price is $56.07, and the book value per share is $7.72. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $49,039,305, has a 0.06 coupon, matures in 25 years and sells for 84 percent of par. The second issue has a face value of $79,955,394, has a 0.09 coupon, matures in 20 years, and sells for 89 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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