Nike, Inc.: Cost of Capital Case Facts North Point Group North Point Group is a mutual fund management firm. Large-Cap Fund is one of the portfolios managed by Kimi Ford. This portfolio is composed of Fortune 500 companies, to include Exxon Mobil, GM, 3M, and large-cap, old economy stocks. The fund earned 20.7% return in 2000 and 6.4% year-to-date returns, end of June 2001. With emphasis on value-investing, Kimi Ford is considering buying shares of Nike, Inc. Nike, Inc. An athletic shoe manufacturer…
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