You are evaluating the stock price of Kroger, a grocery store chain. It has forward earnings per share of $3.38. You notice that its competitor Safeway has a PIE ratio of 13.1. What is a good estimate of Kroger's stock price? The stock price will be $ . (Round to the nearest cent.) Heavy Metal Corporation is expected to generate the following free cash ows over the next ve years: @ . Thereafter, the free cash flows are expected to grow at the industry average of 4.3% per year. Using the discounted free cash ow 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 $320 million, and 35 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.) b. If Heavy Metal has no excess cash, debt of $320 million, and 35 million shares outstanding, estimate its share price. The stock price per share will be $ . (Round to the nearest cent.) Data table (Click on the following icon D in order to copy its contents into a spreadsheet.) FCF ($ million) 54.5 69.8 79.4 76.5 Year | 1 2 3 4 5 | Ten annual returns are listed in the following table: (Click on the following icon CI in order to copy its contents into a spreadsheet.) - 19.3% 16.6% 17.6% - 49.5% 43.3% 1.1% - 16.9% 45.8% 44.5% - 3.4% a. What is the arithmetic average return over the 10year period? b. What is the geometric average return over the 10year period? c. If you invested $100 at the beginning, how much would you have at the end? a. What is the arithmetic average return over the 10-year period? The arithmetic average return over the 10-year period is "/0. (Round to two decimal places.) b. What is the geometric average return over the 10year period? To find the geometric average return, use the following formulas. First find the future value of investing $1 today, using the following formula: FV=$1>