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Filer Manufacturing has 9,602,018 shares of common stock outstanding. The current share price is $38.16, and the book value per share is $9.34. Filer Manufacturing

Filer Manufacturing has 9,602,018 shares of common stock outstanding. The current share price is $38.16, and the book value per share is $9.34. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $54,975,828, has a 0.07 coupon, matures in 23 years and sells for 88 percent of par. The second issue has a face value of $62,699,160, has a 0.05 coupon, matures in 26 years, and sells for 82 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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