Inmid-2018, Qualcomm Inc. had $21

21 billion indebt, total equity capitalization of $79

79 billion, and an equity beta of 1.48

1.48 (as reported onYahoo! Finance). Included inQualcomm's assets was $36 billion in cash andrisk-free securities. Assume that therisk-free rate of interest is 3.1% and the market risk premium is 3.9%

a. What isQualcomm's enterprisevalue?

Qualcomm's enterprise value is $..............billion.(Round to the nearest wholenumber.)

b. What is the beta ofQualcomm's businessassets?

The beta of unlevered equity is .......... (Round to two decimalplaces.)

c. What isQualcomm's WACC?

The WACC is ...........%. (Round to one decimalplace.)