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Acme Inc. is expected to generate a free cash flow (FCF) of $2, 855.00 million this year(FCF_1 = $2, 855.00 million), and the FCF is

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Acme Inc. is expected to generate a free cash flow (FCF) of $2, 855.00 million this year(FCF_1 = $2, 855.00 million), and the FCF is expected to grow at a rate of 21.40% over the following two years (FCF_2 and FCF_3). After the third year, however, the FCF is expected to grow at a constant rate of 2.82% per year, which will last forever (FCF_4). If Acme Inc.'s weighted average cost of capital (WACC) is 8.46%, what is the current total firm value of Acme Inc.? $8, 876.55 million $68, 998.59 million $85, 584.88 million $82, 798.31 million Acme Inc.'s debt has a market value of $51, 749 million, and Acme Inc. has no preferred stock. If Acme Inc. has 525 million shares of common stock outstanding, what is Acme Inc.'s estimated intrinsic value per share of common stock? $32.86 $31.86 $98.57 $36.14

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