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Book Co. has 1.1 million shares of common equity with a par (book) value of $1.45, retained earnings of $30.4 million, and its shares have

Book Co. has 1.1 million shares of common equity with a par (book) value of $1.45, retained earnings of $30.4 million, and its shares have a market value of $51.71 per share. It also has debt with a par value of $18.3 million that is trading at 101% 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?

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