Question: Smith and T Co. is expected to generate a free cash flow (FCF) of $7,885.00 million this year (FCF. - $7,885.00 million), and the FCF

Smith and T Co. is expected to generate a free cash flow (FCF) of $7,885.00 million this year (FCF. - $7,885.00 million), and the FCF is expected to grow at a rate of 23.80% over the following two years (FCFa and FCF). After the third year, however, the FCF is expected to grow at a constant rate of 3.54% per year, which will last forever (FCE). Assume the firm has no nonoperating assets. If Smith and T Cos weighted average cost of capital (WACC) is 10.62%, what is the current total firm value of Smith and T Co.? (Note: Round all intermediate calculations to two decimal places) $154,595.15 million O $185.514.18 million $24,033,04 million 3200.766.23 million Smith and T Co.'s debt has a market value of $115,946 million, and Smith and T Co. has no preferred stock. If Smith and T Co. has 300 million shares of common stock outstanding, what is Smith and T Co. estimated intrinsic value per share of common stock? (Note: Round all intermediate calculations to two decimal places.) $127.83 $386.49 $141.73 $120.83
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