1 4 29) Year Free Cash Flow 2 $18 million 3 $22 million $12 million $26 million Conundrum Mining is expected to generate the above free cash flows over the next four years, after which they are expected to grow at a rate of 6% per year. If the weighted average cost of capital is 12% and Conundrum has cash of $80 million, debt of $60 million, and 30 million shares outstanding, what is Conundrum's expected terminal enterprise value at year 4? A) $528.2 million B) $505.3 million C) $413.4 million D) $459.3 million 5 30 Year Free Cash Flow 1 2 3 4 $22 million $26 million $29 million $30 million $32 million General Industries is expected to generate the above free cash flows over the next five years, after which free cash flows are expected to grow at a rate of 5% per year. If the weighted average cost of capital is 9% and General Industries has cash of $15 million, debt of $45 million, and 80 million shares outstanding, what is General Industries' expected current share price? A) $9.34 B) $7.78 C) $11.67 D) $8.17