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Suppose Paccars current stock price is $88.35 and it is likely to pay a $2.91 dividend next year. Since analysts estimate Paccar will have an
| Suppose Paccars current stock price is $88.35 and it is likely to pay a $2.91 dividend next year. Since analysts estimate Paccar will have an 15.0 percent growth rate, what is its required return? (Round your answer to 2 decimal places.) |
| Required return | % |
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