Nike corporation earnings per share in 2005 were $4, and its growth rate during 5 years was 9 % per year . If that growths were maintained, how long would it take for Nike ‘s earnings per share to double ?calculate it on excel with formulas

Nike corporation earnings per share in 2005 were $4, and its growth rate during 5 years was 9 % per year . If that growths were maintained, how long would it take for Nike ‘s earnings per share to double ?calculate it on excel with formulas

Corporate Fin Focused Approach

5th Edition

ISBN:9781285660516

Author:EHRHARDT

Publisher:EHRHARDT

Chapter4: Time Value Of Money

Section4.2: Future Values

Problem 4ST

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