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Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $8,535.00 million this year (FCF = $8,535.00 million), and the FCF is

Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $8,535.00 million this year (FCF = $8,535.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF 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 (FCF). Assume the firm has no nonoperating assets. If Ankh-Sto Associates Co.s weighted average cost of capital (WACC) is 6.30%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.)

$271,689.68 million

$326,027.62 million

$320,894.66 million

$27,079.90 million

Ankh-Sto Associates Co.s debt has a market value of $203,767 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 750 million shares of common stock outstanding, what is Ankh-Sto Associates Co.s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.)

$90.56

$89.56

$99.62

$271.69

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