Question: 11. More on the corporate valuation model Aa Aa Smith and T Co. is expected to generate a free cash flow (FCF) of $8,720.00 million

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11. More on the corporate valuation model Aa Aa Smith and T Co. is expected to generate a free cash flow (FCF) of $8,720.00 million this year (FCF1- $8,720.00 million), and the FCF is expected to grow at a rate of 21.40% over the following two years (FCF2 and FCFs). After the third year, however, the FCF is expected to grow at a constant rate of 2.82% per year, which will last forever (FCF Assume the firm has no nonoperating assets. If Smith and T Co.'s weighted average cost of capital (WACC) is 8.46%, what is the current total firm value of Smith and T Co.? O $252,889.76 million $210,741.47 million O $261,400.73 million O $27,111.55 million Smith and T Co.'s debt has a market value of $158,056 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.'s estimated intrinsic value per share of common stock? O $100.35 O $301.06 O $110.39 O $99.35

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