Box 15.3 in this chapter values Nike's shares using residual operating income methods. a. Modify the pro
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Box 15.3 in this chapter values Nike's shares using residual operating income methods.
a. Modify the pro forma in Box 15.3 to forecast abnormal operating income growth, and value the shares from these forecasts.
b. Apply the simple forecast model (equation 14.7 in Chapter 14) that combines short term and long-term growth rates.
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