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Given the information in the table, if  the stock has a required return of 12.6%, what is the value of the stock?

Given the information in the table, if  the stock has a required return of 12.6%, what is the value of the stock?

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Given the information in the table, if  the stock has a required return of 12.6%, what is the value of the stock?

 

 

 

**Nike, Inc. (NKE) Stock Summary** - **Current Price**: $75.20 (as of November 14, 4:00 PM EST) - **Change**: 0.00 (0.00%) **Market Information** - **Previous Close**: $75.20 - **Open**: $76.32 - **Bid**: $74.49 x 800 - **Ask**: $82.76 x 3000 - **Day's Range**: $74.89 - $77.49 - **52 Week Range**: $56.41 - $86.04 - **Volume**: 7,984,223 - **Average Volume**: 7,538,563 **Financial Metrics** - **Market Cap**: $119.426 billion - **Beta (3Y Monthly)**: 0.96 - **PE Ratio (TTM)**: 59.59 - **EPS (TTM)**: 1.26 **Dividend Information** - **Earnings Date**: December 19, 2018 - December 24, 2018 - **Forward Dividend & Yield**: 0.80 (1.07%) - **Ex-Dividend Date**: August 30, 2018 - **1 Year Target Estimate**: $87.76 This summary provides a snapshot of Nike, Inc.'s (NKE) stock performance and key financial metrics.
Transcribed Image Text:**Nike, Inc. (NKE) Stock Summary** - **Current Price**: $75.20 (as of November 14, 4:00 PM EST) - **Change**: 0.00 (0.00%) **Market Information** - **Previous Close**: $75.20 - **Open**: $76.32 - **Bid**: $74.49 x 800 - **Ask**: $82.76 x 3000 - **Day's Range**: $74.89 - $77.49 - **52 Week Range**: $56.41 - $86.04 - **Volume**: 7,984,223 - **Average Volume**: 7,538,563 **Financial Metrics** - **Market Cap**: $119.426 billion - **Beta (3Y Monthly)**: 0.96 - **PE Ratio (TTM)**: 59.59 - **EPS (TTM)**: 1.26 **Dividend Information** - **Earnings Date**: December 19, 2018 - December 24, 2018 - **Forward Dividend & Yield**: 0.80 (1.07%) - **Ex-Dividend Date**: August 30, 2018 - **1 Year Target Estimate**: $87.76 This summary provides a snapshot of Nike, Inc.'s (NKE) stock performance and key financial metrics.
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