What is the stock price of fairfax pizza expected to be in


Fairfax Pizza stock is currently priced at 59.91 dollars per share and is expected to pay its next dividend, which is expected to be 2.21 dollars, in 1 year. The stock has a beta of 0.56. The market has an expected return of 16.89 percent, the risk-free rate is 3.39 percent, and the inflation rate is 1.38 percent. What is the stock price of Fairfax Pizza expected to be in 1 year?

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