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please use excel Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: After then, the free cash
please use excel
Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: After then, the free cash flows are expected to grow at the industry average of 4% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14% : a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $300 million, and 40 million shares outstanding, estimate its share price. \begin{tabular}{l|r|} Cost of capital \\ Long-run growth rate & 14.00% \\ \hline \end{tabular} Year FCF (millions) Terminal value (millions) Total cash flow (millions) a. Estimate the enterprise value of Heavy MetalStep by Step Solution
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