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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: ( Click on the following icon in order
Heavy Metal Corporation is expected to generate the following free cash flows over the next five years:Click on the following icon in order to copy its contents into a spreadsheet.
Year
FCF$ million
After that, the free cash flows are expected to grow at the industry average of per year. Using the discounted free cash flow model and a weighted average cost of capital of :
a Estimate the enterprise value of Heavy Metal.
b If Heavy Metal has no excess cash, debt of million and million shares outstanding, estimate its share price.
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