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Paccar's current stock price is $120.21, and it is likely to pay a $2.18 dividend next year. Because analysts estimate Paccar will have an 6.8
Paccar's current stock price is $120.21, and it is likely to pay a $2.18 dividend next year. Because analysts estimate Paccar will have an 6.8 percent growth rate, what is its required return? Note: Round your answer to 2 decimal places
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