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McD has just paid an annual dividend of $0.75 per share. A Deutsche Bank analyst, forecasts that McD's net profits are expected to grow 3%

McD has just paid an annual dividend of $0.75 per share. A Deutsche Bank analyst, forecasts that McD's net profits are expected to grow 3% p.a. Your another investment opportunity of similar risk is expected to earn you a 12% p.a. return. How much do you think this McD stock is worth?

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