Filer Manufacturing has 6,382,006 shares of common stock outstanding. The current share price is $37.95, and the book va

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Filer Manufacturing has 6,382,006 shares of common stockoutstanding. The current share price is $37.95, and the book valueper share is $5.14. Filer Manufacturing also has two bond issuesoutstanding. The first bond issue has a face value of $67,660,240,has a 0.07 coupon, matures in 22 years and sells for 88 percent ofpar. The second issue has a face value of $46,537,404, has a 0.05coupon, matures in 16 years, and sells for 90 percent ofpar. What is Filer's weight of debt on a market valuebasis? Enter the answer with 4 decimals (e.g. 0.2345)