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Nike has a plan to boost their sales with a new product for the upcoming Football season. This will be a short duration project. They

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Nike has a plan to boost their sales with a new product for the upcoming Football season. This will be a short duration project. They think their cash flows are as such: Expenses: 10/1/2021 of $400,000 and 11/1/2021 of $170,000 to purchase merchandise. The Net Conribution Margin will be based on the weeks and opponent. What is the Present Value of this project on October 1, 2021 assuming a 15% required rate of return? 10/1/21 11/1/21 10/9/21 10/23/21 10/30/21 11/6/21 11/13/21 11/20/21 Maryland Indiana Penn State Nebraska Purdue Michigan State $ (400,000.00) $(170,000.00) $ 80,000.00 $ 110,000.00 $ 170,000.00 $ 75,000.00 $ 90,000.00 $ 150,000.00

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