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Need help with a and b Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Thereafter, the

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Need help with a and b

Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Thereafter, the free cash flows are expected to grow at the industry average of 4.4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14.1%: a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $297 million, and 36 million shares outstanding, estimate its share price. X a. Estimate the enterprise value of Heavy Metal. Data table The enterprise value will be $ million. (Round to two decimal places.) (Click on the following icon in order to copy its contents into a spreadsheet.) Year 1 5 2 68.2 3 78.1 4 73.1 FCF ($ million) 53.3 82.3 Done Print

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