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In early 2 0 1 8 , Qualcomm Inc. had $ 2 0 . 8 3 billion in debt, total equity capitalization of $ 9

In early 2018, Qualcomm Inc. had $20.83 billion in debt, total equity capitalization of $92billion, and an equity beta of 1.33(as reported on Yahoo! Finance). Included in Qualcomm's assets was $41 billion in cash and risk-free securities. Assume that Qualcomm's debt beta is close to zero, the risk-free rate of interest is 3.1% and the market risk premium is 4.1%. What is Qualcomm's WACC? Assume Corporate tax rate is zero

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