Question: Question 1 - McDonalds is considering purchasing its (hypothetical) rival, Crusty Burger. McDonalds analysts believe the following stream of earnings (profit) is a reasonable estimate.

Question 1 - McDonalds is considering purchasingQuestion 1 - McDonalds is considering purchasing
Question 1 - McDonalds is considering purchasing its (hypothetical) rival, Crusty Burger. McDonalds analysts believe the following stream of earnings (profit) is a reasonable estimate. Determine the maximum price McDonalds should pay for Crusty Burger based on the value of earnings alone. For your analysis use a discount rate of 6%. You must show all your work. buestion 2 Provide an executive summary justifying a maximum purchase price. Also, include a disclaimer noting the impact of anticipated interest rate deductions on your recommended price. Do not quote directly from any source including ChatGPT. Rely on your own reasoning. Limit 300 words

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