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7.69 4 Problem 10-15 Required Return (LG10-7) points Paccar's current stock price is $87.24 and it is likely to pay a $3.03 dividend next

7.69 4 Problem 10-15 Required Return (LG10-7) points Paccar's current stock price is $87.24 and it is likely to pay a $3.03 dividend next year. Since analysts estimate Paccar will have an 15.8 percent growth rate, what is its required return? (Round your answer to 2 decimal places.) Skipped Required return eBook Hint Print References %

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