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The restaurant industry has a trailing PE ratio of 24.91, a Price/Sales ratio of 3.77, and a dividend yield of 2.10%. McDonalds Corp (MCD) has

The restaurant industry has a trailing PE ratio of 24.91, a Price/Sales ratio of 3.77, and a dividend yield of 2.10%. McDonalds Corp (MCD) has trailing EPS of $6.66, sales per share of $27.50, and annual dividends of $3.90. Based on each of the restaurant industry multiples and the underlying EPS, sales, and dividends for MCD, estimate the value per share of MCD. Then calculate the weighted average value per share (weighting each value equally). (Enter an amount to the nearest $0.01. Leave the $ sign off.)

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