11. More on the corporate valuation model Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $3,290.00 million this year (FCF1 = $3,290.00 million), and the FCF is expected to grow at a rate of 20.20% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 2.46% 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 7.38%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.) $90,283.73 million $109,323.37 million $108,340.48 million $10,332.72 million Ankh-Sto Associates Co.'s debt has a market value of $67,713 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.) $66.21 $59.19 $180.57 $60.19