Since analysts estimate paccar will have an 68 percent, Financial Management

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Since analysts estimate paccar will have an 68 percent

Required Return

Suppose Paccar’s current stock price is $120.21 and it is likely to pay a $2.18 dividend next year. Since analysts estimate Paccar will have an 6.8 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)

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Financial Management: Since analysts estimate paccar will have an 68 percent

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