question archive In? mid-2015, Cisco Systems had a market capitalization of $ 125 billion
In? mid-2015, Cisco Systems had a market capitalization of $ 125 billion
Subject:BusinessPrice: Bought3
In? mid-2015, Cisco Systems had a market capitalization of $ 125 billion.
It had? A-rated debt of $ 28 billion as well as cash and? short-term investments of $ 61 ?billion, and its estimated equity beta at the time was 1.21.
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.
