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Filer Manufacturing has 9,394,010 shares of common stock outstanding. The current share price is $62.9, and the book value per share is $8.97. Filer Manufacturing

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Filer Manufacturing has 9,394,010 shares of common stock outstanding. The current share price is $62.9, and the book value per share is $8.97. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $54,093,814, has a 0.07 coupon, matures in 8 years and sells for 85 percent of par. The second issue has a face value of $54,344,308, has a 0.05 coupon, matures in 8 years, and sells for 83 percent of par. What is Filer's weight of equity on a market value basis? Enter the answer with 4 decimals (e.g. 0.2345 )

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