Heavy Metal Corporation is expected to generate the following free cash flows over the next five years:(Click on the following icon in order to copy its contents into a spreadsheet.)

Year 1 2 3 4 5

FCF ($ million) 52.8 67.7 76.3 75.4 80.6

After that, the free cash flows are expected to grow at the industry average of 4.2% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.6%

a. Estimate the enterprise value of Heavy Metal.

b. If Heavy Metal has no excess cash, debt of $290 million, and 35 million shares outstanding, estimate its share price.