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CX Enterprises has the following expected dividende: $1,13 in one year, 5121 in two years, and $1.32 in three years. After that, its dividends are

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CX Enterprises has the following expected dividende: $1,13 in one year, 5121 in two years, and $1.32 in three years. After that, its dividends are expected to grow at 4.2% per year forever (so that year 4's dividend will be 4.2% more than 51.32 and so on). If Xs equity cost of capital is 12.2%, what is the current price of its stock? The price of the stock will be $13.76 (Round to the nearest cont.)

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