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In mid-2018, Qualcomm Inc. had $20 billion in debt, total equity capitalization of $78 billion, and an equity beta of 1.44(as reported on Yahoo! Finance).
In mid-2018, Qualcomm Inc. had $20 billion in debt, total equity capitalization of $78 billion, and an equity beta of 1.44(as reported on Yahoo! Finance). Included in Qualcomm's assets was $38 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?
Need help with questions B and C only. Thanks
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