Answer the following requirements assuming a discount rate $($WACC$)$ of $7\mathrm{.}85\%,$ a terminal period growth rate of $2\%,$ common shares outstanding of $1,105$ million, net nonoperating

obligations $($NNO$)$ of $$25,504$ million.

Required

a$.$ Estimate the value of a share of Home Depot's common stock using the discounted cash flow $($DCF$)$ model as of February $3,2019.$

Note: Do not round until your final answer; round your final answer to two decimal places.

Stock price per share: $$

b$.$ Home Depot stock closed at $$176\mathrm{.}76$ on March $28,2019,$ the date the Form $10-K$ was filed with the SEC. How does your valuation estimate compare with this closing price?