Globo-Chem Co. is expected to generate a free cash flow (FCF) of $15,000.00 million this year (FCF = $15,000.00 million), and the FCF is expected to grow at a rate of 25.00% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 3.90% 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 11.70%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.)

$357,473.23 million

$323,143.75 million

$45,273.74 million

$269,286.46 million

Globo-Chem Co.s debt has a market value of $201,965 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 675 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.)

$99.74

$109.71

$299.21

$98.74