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You want to estimate the value of Nike's stock, using the multiples method. You know that Nike has sales of 7 5 million and EBITDA

You want to estimate the value of Nike's stock, using the multiples method. You know that Nike has sales of

75

million and EBITDA of

27

million. Given that Nike has

36

million in debt,

42

million in cash, and

3

million shares outstanding, what is your estimate of its stock price?

Numbers are reported in millions.

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