11. More on the corporate valuation model Widget Corp. is expected to generate a free cash flow (FCF) of $5,905.00 million this year (FCF1 = $5,905.00 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 Widget Corp.'s weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of Widget Corp.? (Note: Round all intermediate calculations to two decimal places.) $153,274.96 million $127,729.13 million $162,169.24 million $18,176.94 million