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

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Finance

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Heavy Metal Corporation is expected to generate the following free cash flows over the next five years 1 Year FCF (8 million) 2 69.1 5 51.7 3 76.9 4 76.9 83.3 Thereafter, the free cash flows are expected to grow at the industry average of 42% per year. Using the discounted free cash flow model and a weig capital of 14.1% a. Estimate the enterprise value of Heavy Metal b. If Heavy Metal has no excess cash, debt of $307 million, and 39 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 $307 million, and 39 million shares outstanding, estimate its share price. The stock price per share will be $(Round to the nearest cent.)

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