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F I N A N C E

 NIKE, INC. : COST OF CAPITAL

SYNDICATE 10

Erryn M. Paramytha

Joshua Marvel L

M!la Mu"aa#!lah

$!#ho $!a#! A%&ar 

'())*+)

'())*-)

'())*+*-

'())*)(-

/P *- 0

SCHOOL OF BUSINESS AND MANAGEMENT

MASTER OF BUSINESS ADMINISTRATION

INSTITUT TEKNOLOGI BANDUNG

2016

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0a1%2roun#

K!m! For#, a 3orto4ol!o mana2er !n NorthPo!nt 2rou3, a mutual54un# mana2ement 4!rm

analy6e N!%e7s share 3r!1e. In the &e2!nn!n2 o4 the year N!%e share 3r!1e ha# #e1l!ne#

s!2n!4!1antly. For# 1ons!#ere# to &uy shares 4or the 4un# she mana2e#. In '+++ 4un# earne# a

return o4 '+,89 even as the SP *++ 4ell )+,)9. At the en# o4 June '++), the 4un#stear to #ate

returns stoo# at ,9 versus ; 8,-9 4or SP *++.

On June 'ert more e44ort on e>3ense 1ontrol. F!nally, 1om3any e>e1ut!ve

re!terate# the!r lon25term revenue 2ro=th tar2et o4

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Sto1% Pr!1e > Num&er o4 Share Outstan#!n2

B '.+( > B '8-.-

B ))*+-.)(8

 Value of De/" $D%

!ven :Lon25term ?e&t

alue o4 ?e&t ?

B -*.(

Lon2 Term ?e&t

B -*.(

 e!&" of De/" $D%

!ven :

alue o4 ?e&t ?

EDu!ty E

Pre4erre# Sto1% 

Total

Ge!2ht o4 ?e&t G?

*.(

ommon Sto1% H $eta!ne# Earn!n2s

*+-.)(8 H -)(.-

(8.(8

-

HEH Pre4erre# Sto1% 

*.( H +.- H )(8.(8

)--.(8

?HE

-*.( -*.( H ))*+-.)(8

+.+-

-. 9

 e!&" of Eu!"# $E%!ven :

alue o4 EDu!ty E

alue o4 ?e&t ?

Ge!2ht o4 EDu!ty GE

))*+-.)(8

-*.(

E?HE

))*+-.)(8 -*.( H ))*+-.)(8

+ (-*

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 Co." of De/"

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