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Heavy Metal Corporation is expected to generate the following free cash flows over the next three years: Year 1 2 3 46 FCF (S million)

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Heavy Metal Corporation is expected to generate the following free cash flows over the next three years: Year 1 2 3 46 FCF (S million) 17 39 Thereafter, the free cash flows are expected to grow at the industry average of 4.1% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.4%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $293 million, and 39 million shares outstanding, estimate its share price. .. a. Estimate the enterprise value of Heavy Metal. The enterprise value will be $ million. (Round to two decimal places.) b. If Heavy Metal has no excess cash, debt of $293 million, and 39 million shares outstanding, estimate its share price. The stock price per share will be $(Round to the nearest cent.)

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