Meed Manufacturing has 5,724,338 shares of common stock outstanding. The current share price is $57.32, and the book value per share is $3.49. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $53,245,163, has a 0.09 coupon, matures in 22 years and sells for 99 percent of par. The second issue has a face value of $71,317,027, has a 0.08 coupon, matures in 14 years, and sells for 85 percent of par. What is Filer's weight of equity on a market value basis? Answer with 4 decimals