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Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $715.00 million...

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Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $715.00 million this year (FCF, = $715.00 million), and the FCF is expected to grow at a rate of 20.20% over the following two years (FCF, and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.46% 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 7.38%, what is the current total firm value of Ankh-Sto Associates Co.? (Note: Round all intermediate calculations to two decimal places.) $2,245.56 million $23,758.57 million $19,620.81 million $23,544.97 million Ankh-Sto Associates Co.'s debt market value of $14,716 million, and Ankh-Sto Associates Co. has no preferred stock. If Ankh-Sto Associates Co. has 750 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.) $5.54 $7.19 $6.54 $19.62

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