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Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $13,245.00 million this year (FCF = $13,245.00 million), and the FCF is

Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $13,245.00 million this year (FCF = $13,245.00 million), and the FCF is expected to grow at a rate of 20.20% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.46% 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 7.38%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.)

$41,597.80 million

$363,467.47 million

$440,117.92 million

$436,160.96 million

Ankh-Sto Associates Co.s debt has a market value of $272,601 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 225 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.)

$402.85

$1,211.56

$444.24

$403.85

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