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In mid-2012, Cisco Systems had a market capitalization of $101 billion. It had A-rated debt of $16 1 answer below » In mid-2012, Cisco Systems had a market capitalization of $101 billion. It had A-rated debt of $16 billion as well as cash and short-term investments of $48 billion, and its estimated equity beta at the time was 1.23. What is Cisco’s enterprise value? Assuming Cisco’s debt has a beta of zero, estimate the beta of Cisco’s underlying business enterprise. Sep 17 2015 01:52 PM
