11. More on the corporate valuation model Globo-Chem Co. is expected to generate a free cash flow (FCF) of $10,755.00 million this year (FCF1 = $10,755.00 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 Globo-Chem Co.'s weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.) $33,106.35 million $295,365.00 million $232,637.92 million $279,165.50 million Globo-Chem Co.'s debt has a market value of $174,478 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 600 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.) $106.63 $95.93 $96.93 O $290.80