CX Enterprises has the following expected dividends:

$ 1.01$1.01

in one year,

$ 1.25$1.25

in two years, and

$ 1.34$1.34

in three years. After that, its dividends are expected to grow at

3.9 %3.9%

per year forever (so that year 4's dividend will be

3.9 %3.9%

more than

$ 1.34$1.34

and so on). If CX's equity cost of capital is

12.2 %12.2%,

what is the current price of its stock?