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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year 2 3 4 5 FC F ($
Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year 2 3 4 5 FC F ($ million) 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 13.6% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $303 million, and 39 million shares outstanding, estimate its share price
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