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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
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 per year. Using the discounted free cash flow model and a weighted average cost of capital of :
a Estimate the enterprise value of Heavy Metal.
b If Heavy Metal has no excess cash, debt of $ million and million shares outstanding, estimate its share price.
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