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Escape plc has equity beta 0.9 and 10 million in debt, as well as $150 million in cash and risk-free securities. The total equity capitalization

Escape plc has equity beta 0.9 and £10 million in debt, as well as $150 million in cash and risk-free securities. The total equity capitalization is £310 million. The risk-free rate is 3% and the expected market returns 7%.

a. What is the enterprise value of Escape plc?

b. What is the beta of business assets?

c. What is the WACC?


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