A self-consistent electronic structure for hexagonal close-packed ferr
omagnetic cobalt is obtained through the linear muffin tin orbital (LM
TO) method. Using the derived band scheme, the frequency (omega) depen
dent dielectric function for the electric field parallel (epsilon(para
llel to)) and perpendicular (epsilon(perpendicular to)) to the c-axis
for the majority and minority spin bands have been calculated. It is o
bserved that the main contribution to the total epsilon(omega) comes f
rom the minority spin band, and that epsilon(perpendicular to)(omega)
contains more structure than epsilon(parallel to)(omega). These observ
ations are rather well confirmed by the experimental results.