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2. [6 pts] Heavy Metal Corporation is expected to generate the following free cash flows over the next three years: Year FCF (S million) 70

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2. [6 pts] Heavy Metal Corporation is expected to generate the following free cash flows over the next three years: Year FCF (S million) 70 80 90 Thereafter, the free cash flows are expected to grow at the industry average of 4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 10% a. Estimate the enterprise value of Heavy Metal b. if Heavy Metal has $50 million in cash, debt of $300 millin and 40 millin ares ousanding estimate its share price

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