11. More on the corporate valuation model Smith and T Co. is expected to generate a free cash flow (FCF) of $13,585.00 million this year (FCF1 = $13,585.00 million), and the FCF is expected to grow at a rate of 21.40% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 2.82% per year, which will last forever (FCF4). If Smith and T Co.'s weighted average cost of capital (WACC) is 8.46%, what is the current total firm value of Smith and T Co.? $42,237.42 million $407,239.72 million $328,316.96 million $393,980.35 million Smith and T Co.'s debt has a market value of $246,238 million, and Smith and T Co. has no preferred stock. If Smith and T Co. has 225 million shares of common stock outstanding, what is Smith and T Co.'s estimated intrinsic value per share of common stock? $363.80 $1,094.39 $401.27 $364.80