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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years 1 4 Year FCF (5 milion) 2 680

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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years 1 4 Year FCF (5 milion) 2 680 3 78.0 5 820 530 75.0 Thereafter, the free cash flows are expected to grow at the industry average of 4.0% per year. Using the discounted free cash flow model and a weighted average cost of capital of 140% a. Estimate the enterprise value of Heavy Metal b. Heavy Metal has no excess cash debt of $300 million, and 40 million shares outstanding, estimates share prin a. Estimate the enterprise value of Heavy Metal The enterprise value wilde million Round to two decimal places) b. I Heavy Metal has no excess cash, debt of $300 milion, and 40 million shares outstanding, catimate is share price The stock price per share will be $(Round to the nearest cent) Enter your answer in each of the answer boxes

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