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trading at 105% of par Book Co. has 1.8 million shares of common equity with a par (book) value of $1.45, retained eamings of
trading at 105% of par Book Co. has 1.8 million shares of common equity with a par (book) value of $1.45, retained eamings of $29.5 million, and its shares have a market value of $50.25 per share. It also has debt with a par value of $19.1 million that is 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 WACC? a. What is the market value of its equity? The market value of the equity is 5 milion. (Round to two decimal places.)
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