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Globo-Chem Co. is expected to generate a free cash flow (FCF) of $7,355.00 million this year (FCF = $7,355.00 million), and the FCF is expected

Globo-Chem Co. is expected to generate a free cash flow (FCF) of $7,355.00 million this year (FCF = $7,355.00 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.)

$177,752.72 million

$22,867.60 million

$220,481.96 million

$213,303.26 million

Globo-Chem Co.s debt has a market value of $133,315 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 600 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.)

$74.06

$73.06

$81.47

$222.19

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