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52.7 Heavy Metal Corporation is expected to generate the following free cash flow over the next five years: Year 1 2 3 5 e FCF

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52.7 Heavy Metal Corporation is expected to generate the following free cash flow over the next five years: Year 1 2 3 5 e FCF (5 million 672 77.8 76.1 80.5 (Click on the foon located on the top-right comer of the datatable in order to copy its contents into a spreadsheet.) After that, the free cash flows are expected to grow at the industry average of 3.8% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $294 million and 37 milion shares outstanding, estimates are price a. Estimate the enterprise value of Heavy Metal The enterprian value wit be$ milion (Round to two decimal places b. Hrawy Matal has no excess cash, debt of $294 millen, and 37 million shares outstanding, essmate s snare price The stock price per share will be $(Round to two decimal places

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