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Chapter 7 : Calculate Total Return McDonalds stock price rose 1 8 % over the last year. During the same time the company's earnings declined

Chapter 7: Calculate Total Return
McDonalds stock price rose 18% over the last year. During the same time the company's earnings declined -6%. How much did their PE multiple expand?
Note: Enter your number with three decimals and without the percentage.
That is, if your answer is 20.28%, enter .203.
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