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3. More on the corporate valuation model Aa Aa Smith and T Co. is expected to generate a free cash flow (FCF) of $2,350.00 million

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3. More on the corporate valuation model Aa Aa Smith and T Co. is expected to generate a free cash flow (FCF) of $2,350.00 million this year (FCF1$2,350.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF2 and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.10% per year, which will last forever (FCF4). If Smith and T Co.'s weighted average cost of capital (WACC) is 6.30%, what is the current total firm value of Smith and T Co.? $74,806.44 million $7,456.10 million $88,354.43 million $89,767.73 million Smith and T Co.'s debt has a market value of $56,105 million, and Smith and T Co. has no preferred stock. If Smith and T Co. has 450 million shares of common stock outstanding, what is Smith and T Co.'s estimated intrinsic value per share of common stock? O $124.68 O $45.71 O $41.56 O $40.56

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