Ankh-Sto Associates Co. is expected to generate a free cash flow (FCF) of $7,780.00 million this...

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Ankh-Sto Associates Co. is expected to generate a free cash flow(FCF) of $7,780.00 million this year (FCF? = $7,780.00 million),and the FCF is expected to grow at a rate of 26.20% over thefollowing two years (FCF? and FCF?). After the third year, however,the FCF is expected to grow at a constant rate of 4.26% per year,which will last forever (FCF?). Assume the firm has no nonoperatingassets. If Ankh-Sto Associates Co.’s weighted average cost ofcapital (WACC) is 12.78%, what is the current total firm value ofAnkh-Sto Associates Co.? (Note: Round all intermediate calculationsto two decimal places.)
$174,882.41 million
$154,748.04 million
$128,956.70 million
$23,255.41 million
Ankh-Sto Associates Co.’s debt has a market value of $96,718million, and Ankh-Sto Associates Co. has no preferred stock. IfAnkh-Sto Associates Co. has 600 million shares of common stockoutstanding, what is Ankh-Sto Associates Co.’s estimated intrinsicvalue per share of common stock? (Note: Round all intermediatecalculations to two decimal places.)
$59.10
$52.73
$161.20
$53.73

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Ankh-Sto Associates Co. is expected to generate a free cash flow(FCF) of $7,780.00 million this year (FCF? = $7,780.00 million),and the FCF is expected to grow at a rate of 26.20% over thefollowing two years (FCF? and FCF?). After the third year, however,the FCF is expected to grow at a constant rate of 4.26% per year,which will last forever (FCF?). Assume the firm has no nonoperatingassets. If Ankh-Sto Associates Co.’s weighted average cost ofcapital (WACC) is 12.78%, what is the current total firm value ofAnkh-Sto Associates Co.? (Note: Round all intermediate calculationsto two decimal places.)$174,882.41 million$154,748.04 million$128,956.70 million$23,255.41 millionAnkh-Sto Associates Co.’s debt has a market value of $96,718million, and Ankh-Sto Associates Co. has no preferred stock. IfAnkh-Sto Associates Co. has 600 million shares of common stockoutstanding, what is Ankh-Sto Associates Co.’s estimated intrinsicvalue per share of common stock? (Note: Round all intermediatecalculations to two decimal places.)$59.10$52.73$161.20$53.73