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Book co

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Book co. has 1.3 million shares of common equity with a par (book) value of $1.05, retained earnings of $31.3 milion, and its shares have a market value of $49.29 per share. It also has debt with a par value of $21.6 million that is tracing at 105% of par.

a) What is the market value of its equity,

b) What is the market value of its debt?

c) What weights should it use in computing its WACC?