CX Enterprises has the following expected dividends:

$$1\mathrm{.}09$ in one year,

$$1\mathrm{.}25$ in two years, and

$$1\mathrm{.}31$ in three years. After that, its dividends are expected to grow at

$3\mathrm{.}8\%$ per year forever $($so that year $4\text{'}$s dividend will be

$3\mathrm{.}8\%$ more than

$$1\mathrm{.}31$ and so on$).$ If CX$\text{'}$s equity cost of capital is

$11\mathrm{.}7\%,$ what is the current price of its stock?

The price of the stock will be$?$