Given:

Risk free rate = 3%,

Expected stock market return = 10%,

(Levered) beta for Company XYZ = 1.1,

YTM on XYZ's debt = 5%,

XYZ's Tax rate = 20%,

Preferred stock of XYZ = $0 (none),

Market value of XYZ's equity = $600 million,

Market value of XYZ's debt = $400 million,

Unlevered free cash flow at time zero (today) = $10 million,

Growth Rate in unlevered free cash flow for the first 3 years = 20%,

Growth Rate in unlevered cash flow after 3 years to infinity = 3%,

1. What is the weighted average cost of capital for XYZ (using CAPM)?

2. What is the total enterprise value of XYZ (2 stage DCF)?