Company: Nike (NKE) Part I: Estimate Cost of Equity using discounted cash flow (DCF) model (5 points) Please calculate the cost of equity using the DCF model: Rs =(D1/P0) + g. So, you need to collect or calculate D1, PO, and g to estimate the cost of equity, which is RS. Annual Dividend Yield: 1.57% Quarterly Dividend Amount: 0.37 * 4 = 1.48 (Annual Dividend) Stock Price: $93.98 D1 = 1.48 PO = 93.98 G = 11.07% (5 Year Growth Rate) Equation: (1.48/93.98) + 11.07 = 11.086