*please dont round until the end*

Filer Manufacturing has 6,034,185 shares of common stock outstanding. The current share price is $71.09, and the book value per share is $7.15. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $47,843,778, has a 0.05 coupon, matures in 10 years and sells for 87 percent of par. The second issue has a face value of $64,291,245, has a 0.08 coupon, matures in 17 years, and sells for 89 percent of par. The most recent dividend was $1.04 and the dividend growth rate is 0.04 . Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semianhual payments. The tax rate is 0.39 . What is Filer's cost of equity? Enter the answer with 4 decimals (e.g. 0.2345) Filer Manufacturing has 6,034,185 shares of common stock outstanding. The current share price is $71.09, and the book value per share is $7.15. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $47,843,778, has a 0.05 coupon, matures in 10 years and sells for 87 percent of par. The second issue has a face value of $64,291,245, has a 0.08 coupon, matures in 17 years, and sells for 89 percent of par. The most recent dividend was $1.04 and the dividend growth rate is 0.04 . Assume that the overall cost of debt is the weighted average of that implied by the two outstanding debt issues. Both bonds make semianhual payments. The tax rate is 0.39 . What is Filer's cost of equity? Enter the answer with 4 decimals (e.g. 0.2345)