Question
Chapter 10 question 5 Suppose Paccars current stock price is $108.26 and it is likely to pay a $3.06 dividend next year. Since analysts estimate
Chapter 10 question 5
Suppose Paccars current stock price is $108.26 and it is likely to pay a $3.06 dividend next year. Since analysts estimate Paccar will have an 5.6 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)
| Required return | % |
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Offshore Finance And State Power
Authors: Andrea Binder
1st Edition
0192870122, 978-0192870124
