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Suppose Paccar's current stock price is $92.31 and it is likely to pay $1.88 divended next year. Since analysis estimate Paccar will have an 17.0

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Suppose Paccar's current stock price is $92.31 and it is likely to pay $1.88 divended next year. Since analysis estimate Paccar will have an 17.0 percent growth rate. What is its required return? (Round your answer to 2 decimal places.) required return

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