a) Estimate the enterprise value of Heavy Metal. The enterprise value will be $ ___ million.(Round to two decimal places.)

Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year 1 2 3 4 5 FCF ($ million) 54.8 68.9 76.6 74.7 81.6 Thereafter, 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 13.7%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $306 million, and 36 million shares outstanding, estimate its share price