Multiple Choice
Paccar's current stock price is $75.10 and it is likely to pay a $3.29 dividend next year. Since analysts estimate Paccar will have a 14.2 percent growth rate, what is its required return?
A) 15.39 percent
B) 17.94 percent
C) 18.58 percent
D) 19.62 percent
Correct Answer:
Verified
Correct Answer:
Verified
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