Nike corporation earnings per share in 2005 were $4, and its growth rate during the prior 5
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Nike corporation earnings per share in 2005 were $4, and its growth rate during the prior 5 years was 9% per year. If that growth rate were maintained, how long would it take for Nike's earnings per share to double?
5. You have a chance to buy an annuity that pays $1,000 at the end of each year for 5 years. You could earn 6% on your money in other investments with equal risk. What is the most you should pay for the annuity?
Related Book For
Financial Reporting Financial Statement Analysis and Valuation
ISBN: 978-0324302950
6th edition
Authors: Clyde P. Stickney
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