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= Globo-Chem Co. is expected to generate a free cash flow (FCF) of $10,420.00 million this year (FCF, = $10,420.00 million), and the FCF is
= Globo-Chem Co. is expected to generate a free cash flow (FCF) of $10,420.00 million this year (FCF, = $10,420.00 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 Globo-Chem Co.'s weighted average cost of capital (WACC) is 8.46%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.) $251,826.43 million $32,397.05 million $302,191.72 million $312,361.94 million Globo-Chem Co.'s debt has a market value of $188,870 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 525 million shares of common stock outstanding, what is Globo-Chem Co.'s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $119.92 $359.75 $118.92 $131.91
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