Question: Please answer part a, b, c, and d. Thank you! Consider the following data for Nike inc: in 2018, it had $33,000.00 million in sales

 Please answer part a, b, c, and d. Thank you! Consider
Please answer part a, b, c, and d. Thank you!

Consider the following data for Nike inc: in 2018, it had $33,000.00 million in sales with a 15% growth rate in 2019 , but then slows by 2% io the long-run growth rate of 5% by 2024 . Nike expects EBIT to be 13% of sales, increases in net working capital requirements to be 5% of any increases in snles, and copital expenditures to equal depreciation exponsos. Niko also has $525 milion in cash, $38 milion in debt, 1,626 milion shares cutstanding, a tax rate of 25%, and a weighted awerage cost of capital of 9%. a. Suppose you believe Nive's initial revenue growth rate will be between 10% and 20% (with growth slowing linearly to 5% by yoar 2024 ). What range of prices for Nike stock is cansistent with theso forecasts? b. Suppose you believe Nike's inital revenue EBIT margin wit be between 12% and 14% of sales. What range of prices for Nike stock is consistent weh these forecasts? c. Euppose you believe Nike's weighted average cost of capical is between 8.5% and 11%. What range of prices for Nike stock is consistent with these forecasts? d. What range of stock prices is consistent if you vary the estimates as in parts (a), (b), and (c) simultaneously? a. Suppose you believe Nice's inifal revenue growh rase wit be between 10% and 20% (with growh slowing linearly to 5% by yoar 2024 ). What range of prices for Nike stock is consistent weh theso forecasts? The range of prices will be: Highest price share: 5 (Round to the nearest cent) Lowest price share: \& (Round to the nearest cent)

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