CX Enterprises has the following expected dividends:

$1.02 in one year, $1.21 in two years, and $1.29 in three years. After that, its dividends are expected to grow at

4.3% per year forever (so that year 4's dividend will be 4.3% more than $1.29 and so on). If CX's equity cost of capital is

12%,

what is the current price of its stock?