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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

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 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14.8% :
a. Estimate the enterprise value of Heavy Metal.
b. If Heavy Metal has no excess cash, debt of $305 million, and 43 million shares outstanding, estimate its share price.
a. Estimate the enterprise value of Heavy Metal.
The enterprise value will be $ millithn. (Round to two decimal places.)
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(Click on the following icon in order to copy its contents into a spreadsheet.)
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