More on the corporate valuation model

ABC Telecom Inc. is expected to generate a free cash flow $($FCF$)$ of $$14,495\mathrm{.}00$ million this year $($ FCF ${?}_1=$$$14,495\mathrm{.}00$ million$),$ and the $FCF$ is expected

to grow at a rate of $22\mathrm{.}60\%$ over the following two years and $FC{F}_3).$ After the third year, however, the $FCF$ is expected to grow at a constant rate

of $3\mathrm{.}18\%$ per year, which will last forever $(FC{F}_4).$ Assume the firm has no nonoperating assets. If ABC Telecom Inc.$\text{'}$s weighted average cost of capital

$($WACC$)$ is $9\mathrm{.}54\%,$ what is the current total firm value of ABC Telecom Inc.? $($Note: Round all intermediate calculations to two decimal places.$)$

$$44,618\mathrm{.}94$ million

$$376,244\mathrm{.}00$ million

$$398,076\mathrm{.}80$ million

$$313,536\mathrm{.}67$ million

ABC Telecom Inc.$\text{'}$s debt has a market value of $$235,153$ million, and ABC Telecom Inc. has no preferred stock. If ABC Telecom Inc. has $600$ million

shares of common stock outstanding, what is ABC Telecom Inc.$\text{'}$s estimated intrinsic value per share of common stock? $($Note: Round all intermediate

calculations to two decimal places.$)$

$$391\mathrm{.}92$

$$143\mathrm{.}70$

$$129\mathrm{.}64$

$$130\mathrm{.}64$