Heevy Metal Corporaticn as expected to generate the folowing free cash fows over the next five years. Thereafter, the free cash fows are expected to grow at the industry averaze of 4.15 per year. Using the dscounted free cash four model and a areighted averoge cost of captal of 14.5 th a. Estimate the enterpise value of Heavy hietal b. If Hewry Metai has no excess cash, debe of $310 million, and 37 milion shares ourstanding, esumate its shale price a. Estimate the enterprise walue of Heav Mesal The enterprse value wil be 1 milien (RDound to two decral places)