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Paccar's current stock price is $84.36 and it is likely to pay a $3.94 dividend next year. Since analysts estimate Paccar will have an 4.2

Paccar's current stock price is $84.36 and it is likely to pay a $3.94 dividend next year. Since analysts estimate Paccar will have an 4.2 percent growth rate, what is its required return? (Round your answer to 2 decimal places.) Required retum %

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