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After that, the free cash flows are expected to grow at the industry average of 3.6% per year. Using the discounted free cash flow model

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After that, the free cash flows are expected to grow at the industry average of 3.6% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $297 million, and 35 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal. The enterprise value will be 9 million. (Round to two decimal places.) b. If Heavy Metal has no excess cash, debt of $297 million, and 35 million shares outstanding, estimate its share price. The stock price per share will be (Round to two decimal places.)

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