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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: B. Thereafter, the free cash flows are expected

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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: B. Thereafter, the free cash flows are expected to grow at the industry average of 3.7% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.9%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $292 million, and 36 million shares outstanding, estimate its share price. Data table (Click on the following icon in order to copy its contents into a spreadsheet.) Year 1 2 3 4 5 FCF ($ million) 51.4 66.5 79.4 73.3 82.1 Print Done

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