11. More on the corporate valuation model Smith and T Co. is expected to generate a free cash flow (FCF) of $12,535.00 million this year (FCF, = $12,535.00 million), and the FCF is expected to grow at a rate of 20.20% over the following two years (FCF and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 2.46% per year, which will last forever (FCF). Assume the firm has no nonoperating assets. If Smith and T Co.'s weighted average cost of capital (WACC) is 7.38%, what is the current total firm value of Smith and T Co.? (Note: Round all intermediate calculations to two decimal places.) O $416,525.26 million O $343,983.68 million O $39,367.94 million O $412,780.42 million Smith and T Co.'s debt has a market value of $257,988 million, and Smith and T Co. has no preferred stock. If Smith and T Co. has 675 million shares of common stock outstanding, what is Smith and T Co.'s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $126.40 $127.40 O $382.20 0 $140.14