CX Enterprises has the following expected dividends: $1.01 in one year, $1.19 in two years, and $1.28 in three years. After that, its dividends are expected to grow at 3.8% per year forever (so that year four's dividend will be 3.8% more than $1.28 and so on). If CX's equity cost of capital is 12.2%, what is the current price of its stock? The price of the stock will be $ (Round to the nearest cent.)

yee four's dividend wit be 3.35 more than $1.28 and 50 on). If CXs equity cost of capital is 12.2%, whet is the current price of its stack? The price of the slock wil be? (Found to the nearest cent)