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

Thereafter, the free cash flows are expected to grow at the industry average of $4\mathrm{.}4\%$ per year. Using the

discounted free cash flow model and a weighted average cost of capital of $13\mathrm{.}9\%$ :

a$.$ Estimate the enterprise value of Heavy Metal.

b$.$ If Heavy Metal has no excess cash, debt of $$320$ million, and $35$ 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.$)$