Heavy Metal Corporation is expected to generate the following free cash flows over the next five$$ years: LOADING.... $$Thereafter$,$ the free cash flows are expected to grow at the industry average of $4\mathrm{.}3\%$ per year. Using the discounted free cash flow model and a weighted average cost of capital of $13\mathrm{.}1\%$:

a$.$ Estimate the enterprise value of Heavy Metal.

b$.$ If Heavy Metal has no excess$$ cash, debt of $ $301$million$,$ and $39$ million shares$$ outstanding, estimate its share price.

Question content area bottom

Part $1$

a$.$ Estimate the enterprise value of Heavy Metal.

The enterprise value will be $$$

$$

enter your response here million.$($Round to two decimal$$ places.$)$

Part $2$

b$.$ If Heavy Metal has no excess$$ cash, debt of $ $301$million$,$ and $39$ million shares$$ outstanding, estimate its share price.

The stock price per share will be $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$

This is the table

Year $12345$

FCF $($$ million$)52\mathrm{.}566\mathrm{.}879\mathrm{.}175\mathrm{.}482\mathrm{.}7$