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Filer Manufacturing has 8,899,657 shares of common stock outstanding. The current share price is $64.11, and...

Filer Manufacturing has 8,899,657 shares of common stock outstanding. The current share price is $64.11, and the book value per share is $8.43. Filer Manufacturing also has two bond issues outstanding. The first bond issue has a face value of $46,328,853, has a 0.07 coupon, matures in 9 years and sells for 82 percent of par. The second issue has a face value of $54,902,898, has a 0.06 coupon, matures in 8 years, and sells for 95 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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