11. More on the corporate valuation model Globo-Chem Co. is expected to generate a free cash flow (FCF) of $9,555.00 million this year (FCF1=$9,555.00 million), and the FCF is expected to grow at a rate of 26.20% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 4.26% per year, which will last forever (FCF4). Assume the firm has no nonoperating assets. If Globo-Chem Co.'s weighted average cost of capital (WACC) is 12.78%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.) $214,781.53 million $158,377.95 million $190,053.54 million $28,561.11 million Globo-Chem Co.'s debt has a market value of $118,783 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 750 million shares of common stock outstanding, what is Globo-Chem Co.'s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $51.79 $158.38 $58.07 $52.79