Question
I anticipate that McDonald's corporation will earn $2B per year, forever. Using the current prime lending rate as the applicable interest rate (look it up,
I anticipate that McDonald's corporation will earn $2B per year, forever. Using the current prime lending rate as the applicable interest rate (look it up, I strongly suggest going to the St. Louis Federal Reserve https://fred.stlouisfed.org/),
what is a fair value for a share of McDonald's common stock
(Yes, you need to determine how many shares are outstanding
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Macroeconomics Theories and Policies
Authors: Richard T. Froyen
10th edition
013283152X, 978-0132831529
