Estimating Share Value Using the DCF Model Following are forecasts of Home Depots sales, net operating profit after tax (NOPAT), and net operating assets (NOA) as of February 3, 2019, which the company labels fiscal 2018.

$millions	2018	2019	2020	2021	2022	Terminal Per
Sales	$100,629	$107,673	$115,210	$123,274	$131,904	$134,542
Nopat	11,228	12,059	12,904	13,807	14,773	15,069
NOA	23,758	25,419	27,198	29,102	31,139	31,761

Answer the following requirements assuming a discount rate (WACC) of 7.85%, a terminal period growth rate of 2%, common shares outstanding of 1,105 million, net nonoperating obligations (NNO) of $25,504 million.

a. Estimate the value of a share of Home Depots 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: $?