Globo-Chem Co. is expected to generate a free cash flow (FCF) of $12,380.00 million this year (FCF = $12,380.00 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.)

$38,490.93 million

$359,033.93 million

$371,117.17 million

$299,194.94 million

Globo-Chem Co.s debt has a market value of $224,396 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.)

$165.22

$166.22

$182.84

$498.66