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11. More on the corporate valuation model Aa Aa Praxis Corp. is expected to generate a free cash flow (FCF) of $2,370.00 milion this year

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11. More on the corporate valuation model Aa Aa Praxis Corp. is expected to generate a free cash flow (FCF) of $2,370.00 milion this year (FCF1-$2,370.00 million), and the FCF is expected to grow at a rate of 22.60% over the following two years (FCF2 and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 3.18% per year, which will last forever (FCF Assume the firm has no nonoperating assets. If Praxis Corp.'s weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of Praxis Corp. $51,264.68 million O $65,087.38 million $7,295.40 million O $61,517.62 million Praxis Corp.'s debt has a market value of $38,449 million, and Praxis Corp. has no preferred stock. If Praxis Corp. has 150 million shares of common stock outstanding, what is Praxis Corp.'s estimated intrinsic value per share of common stock? O $85.44 O $256.33 $93.98 O $84.44

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