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Widget Corp. is expected to generate a free cash flow (FCF) of $10,755.00 million this year (FCF = $10,755.00 million), and the FCF is expected

Widget Corp. is expected to generate a free cash flow (FCF) of $10,755.00 million this year (FCF = $10,755.00 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 Widget Corp.s weighted average cost of capital (WACC) is 12.78%, what is the current total firm value of Widget Corp.? (Note: Round all intermediate calculations to two decimal places.)

$213,922.25 million

$178,268.54 million

$32,148.07 million

$241,755.82 million

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