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 $3\mathrm{.}8\%$ per year. Using the discounte free cash flow model and a weighted average cost of capital of $13\mathrm{.}6\%$ :

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

b$.$ If Heavy Metal has no excess cash, debt of $$318$ million, and $38$ 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.$)$

Data table

$($Click on the following icon $$ in order to copy its contents into a spreadsheet.$)$

$\backslash$table$[[$Year$,1,2,3,4,5],[$FCF $($$ million$),51\mathrm{.}1,68\mathrm{.}8,78\mathrm{.}2,74\mathrm{.}9,80\mathrm{.}3]]$