$1)$Let$\text{'}$s assume that Kimi Ford has been used $12\%$ as the Nike's weighted average costs of capital. The stock valuation model shows that the stock price must be equal to the sum of future cash flows divided by the weighted average costs of capital. Based on your calculated WACC, do you recommend to buy or sell the Nike's stock? $($no need to calculate, but just discus$)$

$2)$Due to high inflation, the Federal Reserve decides to increase the target interest rate by $1\%$ which influences all yields of US Treasuries on Exhibit $4.$What is the effect of this change on your WACC calculation?

Below are my calculations