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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year FCF ($ million) 51.467.7 79.974.8815 Thereafter, the
Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year FCF ($ million) 51.467.7 79.974.8815 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 14.5%; a. Estimate the enterprise value of Heavy Metal b. If Heavy Metal has no excess cash, debt of $319 million, and 42 million shares outstanding, estimate its share price
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