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Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $7,780.00 million this year (FCF1 =$7,780.00 million), and the FCF is expected
Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $7,780.00 million this year (FCF1 =$7,780.00 million), and the FCF is expected to grow at a rate of 22.60% over the following two years (FCF2 and FCF3). After the third year, however, the FCF is expected to grow at a constant rate of 3.18% per year, which will lastforever (FCF4). If Ankh-Sto Associates Co.'s weighted average cost of capital (WACC) is 9.54%, what is the currenttotal firm value of Ankh-Sto Associates Co.?$23,948.62 million $168,286.66 million $201,943.99 million $213,662.46 millionAnkh-Sto Associates Co.'s debt has a market value of $126,215 million, and Ankh-Sto Associates Co. has no preferredstock. If Ankh-Sto Associates Co. has 600 million shares of common stock outstanding, what is Ankh-Sto AssociatesCo.?s estimated intrinsic value per share of common stock?$70.12 $69.12$77.13$210.36
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