What is the stock price of fairfax pizza expected to be

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Fairfax Pizza stock is currently priced at 89.36 dollars per share and is expected to pay its next dividend, which is expected to be 3.34 dollars, in 1 year. The stock has a beta of 1.42. The market has an expected return of 13.12 percent, the risk-free rate is 4.85 percent, and the inflation rate is 2.92 percent. What is the stock price of Fairfax Pizza expected to be in 1 year?

Reference no: EM131078054

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