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Business, 30.03.2020 16:52 dolphin146

Book Co. has 1.4 million shares of common equity with a par (book) value of $ 1.00, retained earnings of $ 28.1 million, and its shares have a market value of $ 50.96 per share. It also has debt with a par value of $ 21.1 million that is trading at 105 % 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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Book Co. has 1.4 million shares of common equity with a par (book) value of $ 1.00, retained earning...
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