11. More on the corporate valuation model Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $5,730.00 million this year (FCF = $5,730.00 million), and the FCF is expected to grow at a rate of 25.00% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 3.90% per year, which will last forever (FCF). Assume the firm has no nonoperating assets. If Ankh-Sto Associates Co.s weighted average cost of capital (WACC) is 11.70%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.)

$123,440.96 million

$17,294.57 million

$102,867.47 million

$136,554.83 million

Ankh-Sto Associates Co.s debt has a market value of $77,151 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 750 million shares of common stock outstanding, what is Ankh-Sto Associates Co.s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)

$37.72

$33.29

$102.87

$34.29