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11. More on the corporate valuation model Globo-Chem Co. is expected to generate a free cash flow (FCF) of $12,140.00 million this year (FCF, =

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11. More on the corporate valuation model Globo-Chem Co. is expected to generate a free cash flow (FCF) of $12,140.00 million this year (FCF, = $12,140.00 million), and the FCF is expected to grow at a rate of 25.00% over the following two years (FCF2 and FCF,). After the third year, however, the FCF is expected to grow at a constant rate of 3.90% 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 11.70%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.) $289,315.01 million O $217,942.51 million $261,531.01 million $36,641.55 million Globo-Chem Co.'s debt has a market value of $163,457 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 225 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.) $242.16 $266.37 O $241.16 O $726.47

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