Suppose that in July $2022,$ Nike Inc. had EBITDA of $$6,673$ million, excess cash of $$13,039$ million, $$12,672$ million of debt, and $1,454\mathrm{.}3$ million shares outstanding.

a$.$ Using the average enterprise value to EBITDA multiple from the table here, $,$ estimate Nikeshare price.

b$.$ What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table above?

a$.$ Using the average enterprise value to EBITDA multiple in the table, estimate Nike's share price.

Nike's share price for this case will be $$.($Round to the nearest cent.$)$

b$.$ What range of share prices do you estimate based on the highest and lowest enterprise value to EBITDA multiples in the table?

The highest price will be $$.($Round to the nearest cent.$)$

The lowest price will be $$,($Round to the nearest cent.$)$