11. More on the corporate valuation model ABC Telecom Inc. is expected to generate a free cash flow (FCF) of $1,320.00 million this year (FCF, = $1,320.00 million), and the FCF is expected to grow at a rate of 22.60% over the following two years (FCF, 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 ABC Telecom Inc.'s weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of ABC Telecom Inc.? (Note: Round all intermediate calculations to two decimal places.) $34,262.93 million $28,552.44 million $36,251.15 million $4,063.26 million ABC Telecom Inc.'s debt has a market value of $21,414 million, and ABC Telecom Inc. has no preferred stock. If ABC Telecom Inc. has 600 million shares of common stock outstanding, what is ABC Telecom Inc.'s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) O $10.90 O $13.09 $35.69 $11.90

ABC Telecom Inc. is expected to generate a free cash flow (FCF) of $1,320.00 milion this year (FCF, =$1,320.00 million), and the FCF is expected to grow at a rate of 22.60% over the following two years ( FCF,andFCF2 ). 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 ABC Telecom Inci's weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of ABC Telecom Inc.? (Note: Round all intermediate calculations to two decimal places.) $34,262.93 million $28,552,44 milion $36,251.15 milion $4,063.26 million ABC Telecom incis debt has a market value of $21,414 miltion, and ABC Telecom Inc. has no preferred stock. If ABC Telecom inc. has 600 million shares of common stock outstanding, what is ABC Telecom Inci's estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $10.90 $13.09 $35.69 511,90