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Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $13,635.00 million this year (FCF 1=$13,635.00 million), and the FCF is expected
Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $13,635.00 million this year (FCF 1=$13,635.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF2 and FCF3). 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). 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.) $512,642.16 million $520,842.26 million $43,261.21 million $434,035.22 million Ankh-Sto Associates Co.'s debt has a market value of $325,526 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.) $143.68 $159.15 $144.68 $434.03
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