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Book Co has 14 milion shares of common equity with a par (book) value of 51.35, retained earnings of $28.3 million, and its shares have

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Book Co has 14 milion shares of common equity with a par (book) value of 51.35, retained earnings of $28.3 million, and its shares have a market value of $49.27 per share. It also has debt with a par value of $18.4 million that is trading at 103% 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? a. What is the market value of its equity? The market value of the equity is ! million (Round to two decimal places)

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