Filer Manufacturing has 9,124,589 shares of common stock outstanding. The current share price is $49.2, and the book value per share is $4.62. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $73,152,216, has a 0.08 coupon, matures in 12 years and sells for 98 percent of par. The second issue has a face value of $68,412,459, has a 0.05 coupon, matures in 6 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)

Filer Manufacturing has 9,124,589 shares of common stock outstanding. The current share price is $49.2, and the book value pelshare is $4.62. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $73,152,216, has a 0.08 coupon, matures in 12 years and sells for 98 percent of par. The second issue has a face value of $68,412,459, has a 0.05 coupon, matures in 6 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)