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In​ mid-2015, Cisco Systems had a market capitalization of $ 128 billion. It had​ A-rated debt...

In​ mid-2015, Cisco Systems had a market capitalization of $ 128 billion. It had​ A-rated debt of $ 22 billion as well as cash and​ short-term investments of $ 61 ​billion, and its estimated equity beta at the time was 1.38

.a. What is​ Cisco's enterprise​ value?

b. Assuming​ Cisco's debt has a beta of​ zero, estimate the beta of​ Cisco's underlying business enterprise.

a. What is​ Cisco's enterprise​ value?

​Cisco's enterprise value is $89 billion. ​ (Round to the nearest​ integer.)

b. Assuming​ Cisco's debt has a beta of​ zero, estimate the beta of​ Cisco's underlying business enterprise.

The beta of​ Cisco's underlying business enterprise is: ​(Round to two decimal​ places.)

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SEE THE IMAGE. ANY DOUBTS, FEEL FREE TO ASK. THUMBS UP PLEASE

jeff jeffy answered 6 months ago
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