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please help! Heavy Metal Corporation is expected to generate the following free cash flows over the next five years. Thereafter, the free cash flows are
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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 3.5% per year. Using the discounted free cash flow model and a weighted average cost of capital of 13.9% a. Estimate the enterprise value of Heavy Metal, b. If Heavy Metal has no excess cash, debt of $313 million, and 44 million shares outstanding, estimate its share price. Data Table (Click on the following icon in order to copy its contents into a spreadsheet.) 1 2 3 4 5 Year FCF ($ million) 51.9 68.9 79.9 74.9 83.3 Print Done Step by Step Solution
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