11. More on the corporate valuation model Globo-Chem Co. is expected to generate a free cash flow (FCF) of $4,735.00 million this year (FCF = $4,735.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.10% per year, which will last forever (FCF). Assume the firm has no nonoperating assets. If Globo-Chem Co.s weighted average cost of capital (WACC) is 6.30%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.)

$15,023.23 million $178,024.18 million $180,871.81 million $150,726.51 million Globo-Chem Co.s debt has a market value of $113,045 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 375 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.)

$100.48 $301.45 $99.48 $110.53