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Information for Nike, Inc.: Current stock price = $96.00 Beta = 0.50 Number of shares outstanding = 863 million Book value of debt = $2.6

Information for Nike, Inc.: Current stock price = $96.00 Beta = 0.50 Number of shares outstanding = 863 million Book value of debt = $2.6 billion Yield on bonds with risk similar to Nike = 2.8% Tax rate = 25% Market information: Yield on long-term government bonds = 2.5% Market risk premium = 6.3%

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