Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $1,075.00 million this year (FCF = $1,075.00 million), and the FCF is expected to grow at a rate of 21.40% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.82% 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 8.46%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.)

$31,176.24 million

$3,342.31 million

$25,980.20 million

$32,225.47 million

Ankh-Sto Associates Co.s debt has a market value of $19,485 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 450 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.)

$15.88

$43.30

$13.43

$14.43