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both a and b please Sa Homework: HOMEWORK 24 FCF core: 0 of 1 pt 4 1 of 1 (0 complete) HW Score: 0%, 0

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Sa Homework: HOMEWORK 24 FCF core: 0 of 1 pt 4 1 of 1 (0 complete) HW Score: 0%, 0 3 4 5 9-19 (similar to) Question Help Heavy Metal Corporation is expected to generate the following free cash flows over the next mfive years: Year 2 FCF ($ million) 54.7 67.3 79.9 74.2 82.1 (Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet.) After that, the free cash flows are expected to grow at the industry average of 4.2% 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 $295 million, and 40 million shares outstanding, estimate its share price. a. Estimate the enterprise value of Heavy Metal. The enterprise value will be $ million. (Round to two decimal places.) Enter your answer in the answer box and then click Check Answer. 1 part remaining Clear All Check

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