Suppose that in July 2013, Nike Inc. had EPS of $2.67and a book value of equity of $11.59per share.

	P/E	Price/Book	Enterprise Value/Sales	Enterprise Value/EBITDA
Average	29.84	2.44	1.12	9.76
Maximum	+ 136%	+ 70%	+ 55%	+ 86%
Minimum	- 62%	- 63%	- 48%	- 34%

a. Using the averageP/E multiple from the tableabove, estimateNike's share price.

b. What range of share prices do you estimate based on the highest and lowest P/E multiples in the table above? c. Using the average price to book value multiple in the table above, estimate Nike's share price. d. What range of share prices do you estimate based on the highest and lowest price-to-book value multiples in the table above?