Globo-Chem Co. is expected to generate a free cash flow (FCF) of $7,090.00 million this year (FCF = $7,090.00 million), and the FCF is expected to grow at a rate of 26.20% over the following two years (FCF and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 4.26% 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 12.78%, what is the current total firm value of Globo-Chem Co.? (Note: Round all intermediate calculations to two decimal places.)

$159,372.26 million

$117,519.66 million

$21,192.92 million

$141,023.59 million

Globo-Chem Co.s debt has a market value of $88,140 million, and Globo-Chem Co. has no preferred stock. If Globo-Chem Co. has 750 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.)

$43.09

$39.17

$38.17

$117.52