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Given the information in the table, if the stock has a required return of 12%, what is the value of the stock? NIKE, Inc. (NKE)

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Given the information in the table, if the stock has a required return of 12%, what is the value of the stock?

NIKE, Inc. (NKE) NYSE - NYSE Delayed Price. Currency in USD * Add to watchlist 75.20 0.00 (0.00%) Buy At close: November 14 4:00PM EST Summary Chart Conversations Statistics Historical Data Previous Close 75.20 119.426B Open 76.32 Market Cap Beta (3Y Monthly) PE Ratio (TTM) 0.96 Bid 74.49 x 800 x 59.59 Ask 82.76 x 3000 EPS (TTM) 1.26 Day's Range 74.89 - 77.49 Earnings Date Dec 19, 2018 - Dec 24, 2018 52 Week Range 56.41 - 86.04 0.80 (1.07%) Forward Dividend & Yield Ex-Dividend Date Volume 7,984,223 2018-08-31 Avg. Volume 7,538,563 1y Target Est 87.76

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