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

Year	1	2	3	4	5
FCF ($ million)	54.2	68.2	77.5	75.8	81.3

Thereafter, the free cash flows are expected to grow at the industry average of 3.8% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14.5% :

a. Estimate the enterprise value of Heavy Metal.

b. If Heavy Metal has no excess cash, debt of $294 million, and 37 million shares outstanding, estimate its share price.