$11.$ More on the corporate valuation model

$123$ Warehousing is expected to generate a free cash flow $($FCF$)$ of $$410\mathrm{.}00$ million this year $($FCF$=$ $$410\mathrm{.}00$ million$),$ and the FCF is expected to grow at a rate of $19\mathrm{.}00\%$ over the following two years $($FCF$$ and FCF$).$ After the third year, however, the FCF is expected to grow at a constant rate of $2\mathrm{.}10\%$ per year, which will last forever $($FCF$).$ Assume the firm has no nonoperating assets. If $123$ Warehousing$$s weighted average cost of capital $($WACC$)$ is $6\mathrm{.}30\%,$ what is the current total firm value of $123$ Warehousing? $($Note: Round all intermediate calculations to two decimal places.$)$

$$15,414\mathrm{.}90$ million

$$15,661\mathrm{.}48$ million

$$13,051\mathrm{.}23$ million

$$1,300\mathrm{.}85$ million

$123$ Warehousing$$s debt has a market value of $$9,788$ million, and $123$ Warehousing has no preferred stock. If $123$ Warehousing has $225$ million shares of common stock outstanding, what is $123$ Warehousing$$s estimated intrinsic value per share of common stock? $($Note: Round all intermediate calculations to two decimal places.$)$

$$13\mathrm{.}50$

$$14\mathrm{.}50$

$$15\mathrm{.}95$

$$43\mathrm{.}50$