Filer Manufacturing has 9,839,969 shares of common stock outstanding. The current share price is $57.28, and the book va

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Filer Manufacturing has 9,839,969 shares of common stockoutstanding. The current share price is $57.28, and the book valueper share is $4.24. Filer Manufacturing also has two bond issuesoutstanding. The first bond issue has a face value of $53,310,475,has a 0.07 coupon, matures in 13 years and sells for 81 percent ofpar. The second issue has a face value of $67,670,598, has a 0.07coupon, matures in 8 years, and sells for 85 percent ofpar. What is Filer's weight of equity on a market value basis?Enter the answer with 4 decimals (e.g. 0.2345)