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Paccar's current stock price is $92.31, and it is likely to pay a $1.88 dividend next year. Because analysts estimate Paccar will have an 17.0

Paccar's current stock price is $92.31, and it is likely to pay a $1.88 dividend next year. Because analysts estimate Paccar will have an 17.0 percent growth rate, what is its required return? Note: Round your answer to 2 decimal places

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