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Ultra Petroleum (UPL) has earnings per share of $1.37 and a P/E ratio of 32 56. What's the stock price? Suppose Paccar's current stock price

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Ultra Petroleum (UPL) has earnings per share of $1.37 and a P/E ratio of 32 56. What's the stock price? Suppose Paccar's current stock price is $117.86 and it is likely to pay a $2.88 dividend next year. Since analysts estimate Paccar will have an 4.3 percent growth rate, what is its required return? Compute the expected return given these three economic states, their likelihoods, and the potential returns

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