P 13-3 (similar to) Question Help o Book Co. has 1.3 million shares of common equity with a par (book) value of $1.00, retained earnings of $29.9 million, and its shares have a market value of $50.45 per share. It also has debt with a par value of $19.8 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