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11. More on the corporate valuation model Ankh-Sto Associates Co. is expected to generate a...

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11. More on the corporate valuation model Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $9,250.00 million this year (FCF, = $9,250.00 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 Ankh-Sto Associates Co.'s weighted average cost of capital (WACC) is 12.78%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculation to two decimal places.) $183,987.02 million $207,925.71 million O $27,649.42 million $153,322.52 million Ankh-Sto Associates Co.'s debt has a market value of $114,992 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 225 million shares of common stock outstanding, what is Ankh-Sto Associates Co.'s estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $169.36 $187.39 O $511.07 O $170.36

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