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Filer Manufacturing has 9,506,575 shares of common stock outstanding. The current share price is $65.22, and the book value per share is $7.93. Filer Manufacturing

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Filer Manufacturing has 9,506,575 shares of common stock outstanding. The current share price is $65.22, and the book value per share is $7.93. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $78,086,302, has a 0.08 coupon, matures in 24 years and sells for 86 percent of par. The second issue has a face value of $72,708,503, has a 0.07 coupon, matures in 11 years, and sells for 92 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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