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Fairfax Paint stock is expected to pay a dividend of 4.27 dollars in 1 year and a dividend of 2.93 dollars in 2 years. The
Fairfax Paint stock is expected to pay a dividend of 4.27 dollars in 1 year and a dividend of 2.93 dollars in 2 years. The stock is currently priced at 86.96 dollars and is expected to be priced at 93.08 dollars in 1 year. What is the price of Fairfax Paint stock expected to be in 2 years? The stocks dividend is paid annually and the next dividend is expected in 1 year.
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