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McDonald's: Shares Are Near Floor Level With Double-Digit Upside Opportunity

Since reaching its 52-week high of $104 in May 2014, the share price of McDonald's (NYSE:MCD) has been riding on a downtrend owing to investors' concerns about its weakened fundamentals. From a dividend investing perspective, however, I believe the stock offers decent value at $92 as the company's dividend growth prospect remains intact. In this article, I will walk through my cash flow and valuation analyses, which could be helpful in making an investment…