(b) In early 2018, Qualcomm Inc. had $21 billion in debt, total equity capitalization of $78 billion, and of 1.49. Included in Qualcomms assets was $37 billion in cash and cash equivalents. Assume that the risk-free rate of interest is 3% and the market risk premium is 4%. i. What is Qualcomms enterprise value? ii. What is Qualcomms WACC if they wanted to use equity only to pursue a growth strategy? Explain.