Smith and T Co. is expected to generate a free cash flow (FCF) of $1,315.00 million this year (FCF_1 = $1,315.00 million), and the FCF is expected to grow at a rate of 22.60% over the following two years (FCF_2 and FCF_3). After the third year, however, the FCF is expected to grow at a constant rate of 3.18% per year, which will last forever (FCF_4). If Smith and T Co.'s weighted average cost of capital (WACC) is 9.54%, what is the current total firm value of Smith and T Co.? $34,133.23 million $28,444.36 million $36,113.92 million $4,047.88 million Smith and T Co.'s debt has a market value of $21,333 million, and Smith and T Co. has no preferred stock. If Smith and T Co. has 675 million shares of common stock outstanding, what is Smith and T Co.'s estimated intrinsic value per share of common stock? $10.54 $11.59 $31.61 $9.54