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Filer Manufacturing has 9,982,283 shares of common stock outstanding. The current share price is $28.64, and the book value per share is $5.15. Filer Manufacturing

Filer Manufacturing has 9,982,283 shares of common stock outstanding. The current share price is $28.64, and the book value per share is $5.15. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $57,924,847, has a 0.08 coupon, matures in 17 years and sells for 84 percent of par. The second issue has a face value of $58,296,878, has a 0.09 coupon, matures in 29 years, and sells for 87 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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