Question
Suppose Paccars current stock price is $104.10 and it is likely to pay a $3.02 dividend next year. Since analysts estimate Paccar will have a
Suppose Paccars current stock price is $104.10 and it is likely to pay a $3.02 dividend next year. Since analysts estimate Paccar will have a 7.5 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)
| Required return | % |
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Risk Sensitive Investment Management
Authors: Mark H A Davis, Sébastien Lleo
1st Edition
9814578037, 978-9814578035
