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In mid-2015, Qualcomm Inc, had $11 billion in debt, total equity capitalization of $87 billion, and an equity beta of 1.36 (as reported on Yahoo!

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In mid-2015, Qualcomm Inc, had $11 billion in debt, total equity capitalization of $87 billion, and an equity beta of 1.36 (as reported on Yahoo! Finance). Included in Qualcomm's assets was $23 billion in cash and risk-free securities. Assume that the risk-free rate of interest is 2.9% and the market risk premium is 4.1% 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.)

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