Question: Please answer part a, b, c, and d. Thank you! Consider the following data for Nike inc:i In 2018 , it had $39,000.00 milion in

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

Consider the following data for Nike inc:i In 2018 , it had $39,000.00 milion 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 EBrT to be 13% of sales, increasos in net working capital requiroments to be 5% of any increases in salas, and capital expenditures to equal depreciation exponses. Nike also has $525 milion in cash, $38 milion in debt, 1,628 million shares outstanding, a tax rake of 25%, and a weighted average cost of capital of 9%. a. Suppose you believe Nike's initial rovenue growth fate wil be between 10% and 20% (with growth slowing lineany fo 5% by year 2024 ). What range of prices for Nike stock is consistent with these forecasts? b. Suppose you believe Nike's initial reveniue EerT margin will be between 12% and 14% of sales. What range of prices for Nike stock is consistent with these forecasts? c. Suppose you believe Niko's welghted average cost of capital is between 8.5% and 11%. What range of prices for Nike stock is consistent with thase forecasts? d. What range of stock prices is consistont if you vary the estimates as in parts (a), (b) and (c) simultanoously? a. Suppose you believo Nike's initial revenve growth rate will be between 10% and 20% (with growth slowing lineary to 5% by year 2024 ). What range of prices for Nike stock is cansistent with these forecasts? The range of prices will be: Higheet price thare: (Round to the nearest cent.) Lowest price share: ? (Round to the rearest cent.)

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