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Need Full Solutions For The Entire Question Please Heavy Metal Corporation is expected to generate the following free cash flows over the next five years.
Need Full Solutions For The Entire Question Please Heavy Metal Corporation is expected to generate the following free cash flows over the next five years. 1 2 Year FCF ($ million) 3 78.0 4 75.0 5 82.0 53.0 68.0 Thereafter, the free cash flows are expected to grow at the industry average of 4.0% per year. Use the discounted free cash flow model and a WACC of 14.0% to estimate the following a. The enterprise value of Heavy Metal b. Heavy Metal's share price if the company has no excess cash, debt of $300 million, and 40 million shares outstanding a. Estimate the enterprise value of Heavy Metal. The enterprise value will be $ million (Round to two decimal places.)
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