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

Year	1	2	3
FCF ($ million)	22	41	52

Thereafter, the free cash flows are expected to grow at the industry average of 4.2 % per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.2 % :

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.)