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In early 2 0 2 2 , Meta Platforms had $ 1 7 . 8 8 billion in debt, total equity capitalization of $ 6

In early2022, Meta Platforms had $17.88 billion in debt, total equity capitalization of $677billion, and an equity beta of 1.34(as reported on Yahoo! Finance). Included in Meta's assets was $46 billion in cash and risk-free securities. Assume thatMeta's debt beta is close to zero, the risk-free rate of interest is 2.9% and the market risk premium is 4.1%.
a. What is Meta's enterprise value?
b. What is the beta of Meta's business assets?
c. What is Meta's WACC?
Note: Round your intermediate computations to at least five(5) decimal places.

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