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Filer Manufacturing has 8,649,960 shares of common stock outstanding. The current share price is $78.49, and the book value per share is $6.92. Filer Manufacturing

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Filer Manufacturing has 8,649,960 shares of common stock outstanding. The current share price is $78.49, 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 $70,375,256, has a 0.05 coupon, matures in 13 years and sells for 88 percent of par. The second issue has a face value of $69,160,182, has a 0.07 coupon, matures in 17 years, and sells for 95 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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