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4. Apoints CX Enterprises has the following expected dividends: $1.02 in one year, $1.19 in fwo years, and $1.32 in three years. Aftor that, its

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4. Apoints CX Enterprises has the following expected dividends: $1.02 in one year, $1.19 in fwo years, and $1.32 in three years. Aftor that, its dividends are oxpedted iur grow at 4.4% per year forever (so that yoar 4 's dividend wil be 4.4% more than $1.32 and 50 on) . If CX's equity cost of capital is 11.8%. what is the currmat price of its stock? $16.54524.82$16.13$26.18

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