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In mid - 2 0 1 5 , Cisco Systems had a market capitalization of $ 1 3 4 billion. It had A - rated
In mid Cisco Systems had a market capitalization of $ billion. It had Arated debt of $ billion as well as cash and shortterm investments of $ billion, and its estimated equity beta at the time was
a What is Cisco's enterprise value?
b Assuming Cisco's debt has a beta of zero, estimate the beta of Cisco's underlying business enterprise.
a What is Cisco's enterprise value?
Cisco's enterprise value is $ billion. Round to the nearest integer.
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