Do Pham is evaluating Phaneuf Accelerateur using the FCFF valuation approaches. Pham has collected the following information (currency in euro):

• Phaneuf has net income of 250 million, depreciation of 90 million, capital expenditures of 170 million, and an increase in working capital of 40 million.

• Phaneuf will finance 40 percent of the increase in net fixed assets (capital expenditures less depreciation) and 40 percent of the increase in working capital with debt financing.

• Interest expenses are 150 million. The current market value of Phaneuf’s outstanding debt is 1,800 million.

• FCFF is e xpected to grow at 6.0 percent indefinitely.

• The tax rate is 30 percent.

• Phaneuf is financed with 40 percent debt and 60 percent equity. The before-tax cost of debt is 9 percent and the before-tax cost of equity is 13 percent.

• Phaneuf has 10 million outstanding shares.

Using the FCFF valuation approach, estimate the total value of the firm, the total market value of equity, and the value per share.