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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years. Years 1 , 2 , 3 , 4

Heavy Metal Corporation is expected to generate the following free cash flows over the next five years.
Years 1,2,3,4,5
After year 5, the free cash flows are expected to grow at the industry average of 2% per year.
Using the discounted free cash flow model and and assuming a cost of capital of 8%,
a. Estimate the enterprise value of Heavy Metal
b. If Heavy Metal has $10 million cash, debt of $200 million, and 50 million shares outstanding, estimate Heavy Metal share price.
(round to two decimal places)
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