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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years I 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 I 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 149%. a. Estimate the enterprise value of Heavy Metal b. If Heavy Metal has no excess cash, debt of $314 million, and 45 million shares outstanding, estimate its share price a. Estimate the enterprise value of Heavy Metal The enterprise value will be 5 million (Round to two decimal places) Data Table - X (Click on the following icon in order to copy its contents into a spreadsheet) Year 2 3 4 5 FCF (5 million) 511 675 799 752 818 1

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