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Cx Enterprises has the following expected dividends: $1.03 in one yeak, $1.16 in two year. and $1.27 in three years. After that, its dividends are
Cx Enterprises has the following expected dividends: $1.03 in one yeak, $1.16 in two year. and $1.27 in three years. After that, its dividends are expected to grow at 3.7% per yoer forever (so that year four's dividend will be 3.7% more than $1.27 and so on) if CX cost of capital is 11.9%, what is the current price of its stock? The price of the stock will be (Round to the nearest cent)
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