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Consider the following data for Nike Inc In 2018, had 534,000.00 Million in sales with a 15% growth rate in 2019, but then slows by

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Consider the following data for Nike Inc In 2018, had 534,000.00 Million in sales with a 15% growth rate in 2019, but then slows by 26 to the long run rowth rate of 5 by 2024 Nike expects EBIT to be 13% of sales, Increases in net working capital requirements to be of any increanes in sales, and capital penditures to equal depreciation expenses Nike also has $525 million in cash, 538 million in debit 1.626 million shares outstanding, a tax rate of 25%, and a welghind average cost of capital of 9 a. Suppose you believe Nike's initial revenue growth rate will be between 10% and 20% (with growth slowing linearly to 5% by year 2024) What range of prices for Nike stock in consistent with these forecasts? b. Suppose you believe Nike's initial revenue EBIT margin will be between 12% and 14% of sales What range of prices for Nike stock is consistent with these forecasts? c. Suppose you believe Nike's weighted average cost of capital is between 8.5% and 11%. What range of prices for Nike stock is consistent with these forecasts? d. What range of stock prices is consistent if you vary the estimates as in parts (a, b) and (c) simultaneously? a. Suppose you believe Nike's initial revenue growth rate will be between 10% and 20% (with growth slowing linearly to 5% by year 2024) What range of prices for Nike stock is consistent with these forecasts? The range of prices will be Highest price share $ (Round to the nearest cent) Lowest price share $(Round to the nearest cont.)

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