P 10-6 (similar to) Question Help Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year FCF ($ million) 1 54.1 2 69.4 3 77.9 4 76.3 5 83.5 Thereafter, the free cash flows are expected to grow at the industry average of 3.6% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14.2% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $297 million, and 37 million shares outstanding, estimate its share price a. Estimate the enterprise value of Heavy Metal. The enterprise value will be $ million. (Round to two decimal places.)