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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 model and a

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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 model and a weighted average cost of capital of 14.1%: a. Estimate the enterprise value of Heavy Metal, b. If Heavy Metal has no excess cash, debt of $315 million, and 35 million shares outstanding, estimate its share price. 0 Data : Thereafter, the free cash flows are expected to grow at the industry average of 3.8% per year. Using the discounted free cash flow Data Table ate its share price (Click on the following icon in order to copy its contents into a spreadsheet.) 1 2 3 4 5 Year FCF ($ million) 51.9 67.4 76.8 76.1 80.7 Print Done

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