Filer Manufacturing has 6,910,339 shares of common stock outstanding. The current share price is $21.35, and the book va

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Filer Manufacturing has 6,910,339 shares of common stockoutstanding. The current share price is $21.35, and the book valueper share is $5.22. Filer Manufacturing also has two bond issuesoutstanding. The first bond issue has a face value of $77,527,989,has a 0.08 coupon, matures in 29 years and sells for 91 percent ofpar. The second issue has a face value of $71,074,551, has a 0.05coupon, matures in 13 years, and sells for 93 percent ofpar. What is Filer's weight of debt on a market valuebasis? Enter the answer with 4 decimals (e.g. 0.2345)