Question: Consider the following data for Nike Ine; In 2018 , it had $37,000.00 millon in sales with a 15% growth rate in 2019 , but

 Consider the following data for Nike Ine; In 2018 , it

Consider the following data for Nike Ine; In 2018 , it had $37,000.00 millon in sales with a 15% growth rate in 2019 , but then slows by 2% to the long-run growth rate of 5% by 2024 . Nike expects Earr to be 13% of sales, increases in not working capital requirements to be 5% of any increases in sales, and capital expenditures to equal depreciatian expenses, Nike also has $525mili in cash, $38 milion in debt, 1,626 million shares cutstanding. a tax rate of 25%, and a weighted average cost of capital of 9%. 2. Suppose you beleve Nike's inifial revenue growth rate will be between 10% and 20% (with growh slowing linearly to 5% by year 2024 ). What range of prices for Nike atock is consistent with these lorecasts? b. Suppose you believe Nhe's initial revenue EBrT margin wil be between 12W and 14% of sales. What range of peces for Nike stock is consistent with these forecasts? c. Suppose you believe Nike's woighted average cost of capilal is between 3.5% and 11%. What range of proces for Nke stock is consisient with these forecasts? d. What range of stock prices is consistent / you vary the estimates as in parts (o), (b), and (o) simultanooutly

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