. Apply Gordon model to McDonald's Corporation (constant growth rate model) to calculate the intrinsic (economic) value of the stock. Please show your work. Please note that for some companies it is not possible to use Gordon model. If that is the case, please explain why it is not possible to use this model for your company. What other models is it possible to The McDonald Ticker is MCD.

Previous Close	161.73
Open	162.40
Bid	163.85 x 1200
Ask	164.16 x 100
Day's Range	161.75 - 164.56
52 Week Range	129.52 - 178.70
Volume	4,457,218
Avg. Volume	4,970,234

Market Cap	130.258B
Beta	0.74
PE Ratio (TTM)	25.74
EPS (TTM)	6.37
Earnings Date	Apr 30, 2018
Forward Dividend & Yield	4.04 (2.57%)
Ex-Dividend Date	N/A
1y Target Est	187.04

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