Ch 09: Assignment - Stocks and Their Valuation Back to Assignment Attempts: 0 Keep the Highest: 0/2 11. More on the corporate valuation model Galaxy Corp. is expected to generate a free cash flow (FCF) of $8,030.00 million this year (FCF1 = $8,030.00 million), and the FCF is expected to grow at a rate of 19.00% over the following two years (FCF, and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 2.10% per year, which will last forever (FCF.). Assume the firm has no nonoperating assets. If Galaxy Corp.'s weighted average cost of capital (WACC) is 6.30%, what is the current total firm value of Galaxy Corp.? (Note: Round all intermediate calculations to two decimal places.) $255,614.46 million $301,908.11 million $25,477.63 million $306,737.35 million Galaxy Corp's debt has a market value of $191,711 million, and Galaxy Corp, has no preferred stock. If Galaxy Corp. has 675 million shares of common stock outstanding, what is Galaxy Corps estimated Intrinsic value per share of common stock? (Note: Round all Intermediate calculations to two decimal places.) $284.02 $93.67 $104.14 $94.67