More on the corporate valuation model

Smith and T Co$.$ is expected to generate a free cash flow $($FCF$)$ of $$2,430\mathrm{.}00$ million this year $(FC{F}_1=$$$2,430\mathrm{.}00$ million$),$ and the $FCF$ is expected to grow at a rate of $26\mathrm{.}20\%$ over the following two years $(FC{F}_2$ and $FC{F}_3).$ After the third year, however, the $FCF$ is expected to grow at a constant rate of $4\mathrm{.}26\%$ per year, which will last forever $(FC{F}_4).$ Assume the firm has no nonoperating assets. If Smith and T Co$.\text{'}$s weighted average cost of capital $($WACC$)$ is $12\mathrm{.}78\%,$ what is the current total firm yalue of Smith and T Co$.?($Note: Round all intermediate calculations to two decimal places.$)$

$$54,622\mathrm{.}61$ million

$$7,263\mathrm{.}57$ million

$$40,278\mathrm{.}21$ million

$$48,333\mathrm{.}85$ million

Smith and T Co$.\text{'}$s debt has a ma$$ket value of $$30,209$ million, and Smith and T Co$.$ has no preferred stock. If Smith and T Co$.$ has $525$ million shares of common stock outstanding, what is Smith and T Co$.\text{'}$s estimated intrinsic value per share of common stock? $($Note: Round all intermediate calculations to two decimal places.$)$

$$21\mathrm{.}10$

$$57\mathrm{.}54$

$$18\mathrm{.}18$

$$19\mathrm{.}18$