Nike had sales of $36.362 billion in 2018. Suppose you expected its sales to grow at a rate of 12% in 2019, but then slow by 1% per year to the long-run growth rate that is characeristic of the apparel industry, 6%, by 2025. Based on Nike's past profitability and investment needs, you expected EBIT to be 15% of sales, increases in net working capital requirements to be 6% of any increase in sales, and capital expenditures to equal depreciation expenses. If Nike had $5.25 billion in cash, $3.8 billion in debt, 1,626 million shares outstanding, a tax rate of 22%, and a weighted average cost of capital of 10.5%, what would have been your estimte of the value of Nike stock in early 2018. Show your work in detailed steps.