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QUESTION 24 Emily is considering buying Mcdonald's stock and decides to research the company. She finds the $5.00 annual dividend attractive, and the five-year growth
QUESTION 24 Emily is considering buying Mcdonald's stock and decides to research the company. She finds the $5.00 annual dividend attractive, and the five-year growth rate of the dividend impressive at 7.14%. Emily's required rate of return on the stock is 10%. What is the fair value of Mcdonald's stock? O 183.70 O 174.82 O 1.74 O none of these
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