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Filer Manufacturing has 9 , 0 5 6 , 4 8 9 shares of common stock outstanding. The current share price is $ 3 4

Filer Manufacturing has 9,056,489 shares of common stock outstanding. The current share price is $34.49, and the book value per share is $6.98. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $56,471,843, has a 0.06 coupon, matures in 5 years and sells for 86 percent of par. The second issue has a face value of $73,860,538, has a 0.05 coupon, matures in 19 years, and sells for 97 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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