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Save Score: 0 of 1 pt 6 of 27 (12 complete HW Score: 40.74% 11 of 27 pts P 10-6 (similar to) Question Help Heavy

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Save Score: 0 of 1 pt 6 of 27 (12 complete HW Score: 40.74% 11 of 27 pts P 10-6 (similar to) Question Help Heavy Metal Corporation is expected to generate the following free cash flow over the next five years. Thereafter the tree cash flows we expected to grow at the industry average of 4.1% 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 $301 million, and 38 milion shares outstanding, estimate the price a. Estimate the enterprise value of Heavy Met The enterprise value will be $1 milion (Round to two decimal places) i Data Table X (Click on the following icon in order to copy its contents into a spreadsheet.) 1 Year FCF ($ million) 2 3 4 5 51.9 69.1 79.2 75.4 82.1 Print Done

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