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11. More on the corporate valuation model Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $1,845.00 million this year (FCF1

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11. More on the corporate valuation model Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $1,845.00 million this year (FCF1 = $1,845.00 million), and the FCF is expected to grow at a rate of 22.60% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 3.18% per year, which will last forever (FCF4). Assume the firm has no nonoperating assets. If Ankh-Sto Associates Co.'s weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.) O $50,669.43 million O $47,890.43 million $5,679.34 million $39,908.69 million Ankh-Sto Associates Co.'s debt has a market value of $29,932 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 375 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.) $29.26 $25.60 $79.82 O $26.60

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