Since analysts estimate paccar will have an 120 percent, Financial Management

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Since analysts estimate paccar will have an 120 percent

Suppose Paccar’s current stock price is $121.50 and it is likely to pay a $3.16 dividend next year. Since analysts estimate Paccar will have an 12.0 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)

Required return = ___%

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Financial Management: Since analysts estimate paccar will have an 120 percent

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