Please answer both questions:

2. Wendt Inc. reported $18,780 of total net operating capital, $12,000 of sales, $6,525 of operating costs (including depreciation), and $300 of Interest expense. The weighted average cost of that capital (the WACC) was 9%, and the federal-plus-state income tax rate was 40%. What was Wendt's Economic Value Added (EVA) during the year? a. $5,509.80 b. $3,784.80 c. $499.80 d. $1,594.80

3. EMC Corp's free cash flow was just $1.47. Analysts expect the company's free cash flow to grow by 30% this year, by 10% in Year 2, and at a constant rate of 6% in Year 3 and thereafter. The WACC for this company 9%. What is the value of operation? a. $51.20 b. $77.80 c. $66.04 d. $62.50