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Lnder wood Univers canvas D student Portal Login LU EMail McNNECT connect 7 CH 09 Characterizing Risk&Retum, CH 10 Estimating Risk&Return Question 10 (of 11)

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Lnder wood Univers canvas D student Portal Login LU EMail McNNECT connect 7 CH 09 Characterizing Risk&Retum, CH 10 Estimating Risk&Return Question 10 (of 11) value: 3.00 points Suppose Paccar's current stock price is $88.35 and it is likely to pay a $2.91 dividend next year Since analysts estimate Paccar will have an 15.0 percent growth rate, what is its required return? (Round your answer to 2 decimal places.) Required return Hints References eBook & Resources Hint #1 Hint #2 Hint #3 Hint #4 Hint u5 IBA

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