Heavy Metal Corporation is expected to generate the following free cash flows over the next...

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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years: Year FCF (S million) 29 69.4 782 73.7 81 78.2 81.8 (Click on the icon located on the top-right corner of the data table in order to copy its contents into a spreadsheet.) After that, the free cash flows are expected to grow at the industry average of 3.9% per year. Using the discounted free cash flow model and a weighted average cost of capital of 14.3% a. Estimate the enterprise value of Heavy Metal. b. If Heavy Metal has no excess cash, debt of $281 million, and 42 million shares outstanding, estimate its share price a. Estimate the enterprise value of Heavy Metal. The enterprise value will be Smillion. (Round to two decimal places.)

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