Cash Flow Estimation (8 points) 8. Nike pays a consultant $85,000 to assess whether it should open a Nike Outlet & Complex store. The Outlet & Complex store is estimated to cost $95 million. Nike would open the Outlet & Complex in a parcel of land that it currently owns and is leasing for $60,000 a year. Nike estimates that its specialized athletic equipment it sells through this new Outlet & Complex would increase sales by $1.0 million per year, but it would lose $275,000 per year in merchandise sales at a nearby regular Nike Store. The Outlet & Complex store is expected to generate cash inflows of $6.5 million in perpetuity. If Nike has a WACC or discount rate of 8.75%, should it build the Outlet & Complex? Cash Flow Estimation (8 points) 8. Nike pays a consultant $85,000 to assess whether it should open a Nike Outlet & Complex store. The Outlet & Complex store is estimated to cost $95 million. Nike would open the Outlet & Complex in a parcel of land that it currently owns and is leasing for $60,000 a year. Nike estimates that its specialized athletic equipment it sells through this new Outlet & Complex would increase sales by $1.0 million per year, but it would lose $275,000 per year in merchandise sales at a nearby regular Nike Store. The Outlet & Complex store is expected to generate cash inflows of $6.5 million in perpetuity. If Nike has a WACC or discount rate of 8.75%, should it build the Outlet & Complex