52 In the year to June 30, 2018 McDonald's Corp paid out $1.7308B in dividends and repurchased $4.3983B worth of shares. McDonald's has 1.12B shares outstanding. Analysts expect total payouts to grow at an annual perpetual rate of 2% and investors require a 10% rate of return on McDonald's shares. What is the Total Payout model estimate of the stock price on July 1, 2018 assuming that all payouts occur annually on June 30th? $50 $55 $60 $65 *$70 TO