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. Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Thereafter, the free cash flows are

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. Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: 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 14.2%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $305 million, and 36 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.) Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Year 1 2 3 4 5 FCF ($ million) 53.5 69.9 76.8 74.1 80.4 Print Done an example Get more help A - Clear all Check answer

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