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Problem 2 (6 points) Qualcomm Inc. had $15 billion in debt, total equity capitalization of $88 billion, and an equity beta of 1.33. Included in

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Problem 2 (6 points) Qualcomm Inc. had $15 billion in debt, total equity capitalization of $88 billion, and an equity beta of 1.33. Included in Qualcomm's assets was $24 billion in cash. Assume that the risk-free rate of interest is 3.1% and the market risk premium is 3.9%. What is the WACC of Qualcomm's business assets (the enterprise)

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