Question: In early 2 0 1 8 2 0 1 8 , Qualcomm Inc.Qualcomm Inc. had $ 2 1 . 0 0 2 1 . 0

In early 20182018, Qualcomm Inc.Qualcomm Inc. had $21.0021.00 billion in debt, total equity capitalization of $7878billion, and an equity beta of 1.491.49(as reported on Yahoo! Finance). Included in Qualcomm'sQualcomm's assets was $3737 billion in cash and risk-free securities. Assume thatQualcomm'sQualcomm's debt beta is close to zero, the risk-free rate of interest is 3.0%3.0% and the market risk premium is 4.0%4.0%.
a. What is Qualcomm'sQualcomm's enterprise value?
b. What is the beta of Qualcomm'sQualcomm's business assets?
c. What is Qualcomm'sQualcomm's WACC?

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