Since analysts estimate paccar will have a 148 percent


Suppose Paccar's current stock price is $96.30 and it is likely to pay a $2.99 dividend next year. Since analysts estimate Paccar will have a 14.8 percent growth rate, what is its required return? (Round your answer to 2 decimal places.)

Required return

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Finance Basics: Since analysts estimate paccar will have a 148 percent
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