Question
In mid-2018, Qualcomm Inc. had $21 billion in debt, total equity capitalization of $79 billion, and an equity beta of 1.48 (as reported on Yahoo!
In mid-2018, Qualcomm Inc. had
$21
billion in debt, total equity capitalization of
$79
billion, and an equity beta of
1.48
(as reported on Yahoo! Finance). Included inQualcomm's assets was
$38
billion in cash and risk-free securities. Assume that the risk-free rate of interest is
3.1%
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
$enter your response here
billion.(Round to the nearest whole number.)
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