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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 0 in order

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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 0 in order to copy its contents into a spreadsheet.) Year FCF (5 million) 1 53.2 2 67.7 3 77.4 4 74.7 5 81.8 After that, 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 14.8%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $288 million, and 44 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 $288 million, and 44 million shares outstanding, estimate its share price The stock price per share will be $ (Round to two decimal places.)

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