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Globo-Chem Co. is expected to generate a free cash flow (FCF) of $6,260.00 million this year (FCF, $6,260.00 million), and the FCF is expected
Globo-Chem Co. is expected to generate a free cash flow (FCF) of $6,260.00 million this year (FCF, $6,260.00 million), and the FCF is expected to grow at a rate of 20.20% over the following two years (FCF, and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.46% 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 7.38%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.) $19,660.41 million $206,143.08 million $208,013.26 million $171,785.90 million Globo-Chem Co.'s debt has a market value of $128,839 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 450 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.) $94.44 $286.31 O $104.98 $95.44
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