Heavy Metal Corporation is expected to generate the following free cash flows over the next five years:

Year 1 2 3 4 5 FCF ($ million) 54.2 67.3 79.9 76.8 83.3

After that, the free cash flows are expected to grow at the industry average of 3.5% 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, the debt of $293 million, and 35 million shares outstanding, estimate its share price.