Question
In? mid-2015, Qualcomm Inc. had ?$11 billion in? debt, total equity capitalization of ?$90 ?billion, and an equity beta of 1.44 ?(as reported on? Yahoo!
In? mid-2015, Qualcomm Inc. had ?$11 billion in? debt, total equity capitalization of ?$90 ?billion, and an equity beta of 1.44 ?(as reported on? Yahoo! Finance). Included in? Qualcomm's assets was ?$22 billion in cash and? risk-free securities. Assume that the? risk-free rate of interest is 2.9 % and the market risk premium is 3.9 % . a. What is? Qualcomm's enterprise? value? b. What is the beta of? Qualcomm's business? assets? c. What is? Qualcomm's WACC?
a. What is? Qualcomm's enterprise? value? ?Qualcomm's enterprise value is ?$_____ billion.???(Round to the nearest whole? number.)
b. What is the beta of? Qualcomm's business? assets? The beta of unlevered equity is _____ . ? (Round to two decimal? places.)
c. What is? Qualcomm's WACC? The WACC is _____ ?%. ?(Round to one decimal? place.)
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