Book Co. has 1.3 million shares of common equity with a par (book) value of $ 1.45, retained earnings of $ 28.6 million, and its shares have a market value of $ 50.03 per share. It also has debt with a par value of $ 19.6 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?