Paccar's current stock price is $88.35, and it is likely to pay a $2.91 dividend next year. Because analysts estimate Paccar will have an 15.0 percent growth rate, what is its required return? Note: Round your answer to 2 decimal places. Required return %

Paccar's current stock price is $88.35, and it is likely to pay a $2.91 dividend next. year. Because analysts estimate Paccar will have an 15.0 percent growth rate, what is its required return? Note: Round your answer to 2 decimal places