Question
Suppose Paccars current stock price is $70.24 and it is likely to pay a $2.94 dividend next year. Since analysts estimate Paccar will have a
Suppose Paccars current stock price is $70.24 and it is likely to pay a $2.94 dividend next year. Since analysts estimate Paccar will have a 8.5 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)
Required return %
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The Meaningful Money Handbook
Authors: Pete Matthew
1st Edition
0857196510, 978-0857196514
