Stock price of fairfax pizza expected to be in one year

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Fairfax Pizza stock is currently priced at 87.48 dollars per share and is expected to pay its next dividend, which is expected to be 2.34 dollars, in 1 year. The stock has a beta of 0.63. The market has an expected return of 16.39 percent, the risk-free rate is 3.71 percent, and the inflation rate is 1.82 percent. What is the stock price of Fairfax Pizza expected to be in 1 year?

Reference no: EM131077928

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