In early 2018 , Qualcomm Inc. had $19 billion in debt, total equity capitalization of...
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In early 2018 , Qualcomm Inc. had $19 billion in debt, total equity capitalization of $79 billion, and an equity beta of 1.52 (as reported on Yahoo! Finance). Included in Qualcomm's assets was $37 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
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