In mid$-2015,$ Cisco Systems had a market capitalization of $$132$ billion. It had A$-$rated debt of $$27$ billion as well as cash and short$-$term investments of $$59$ billion, and its estimated equity beta the

time was $1\mathrm{.}11.$

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.$)$