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cx Enterprises has the following expected dividends. $1.04 in one year $1.22 in two years, and $1 32 in three years. After that, is dividends

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cx Enterprises has the following expected dividends. $1.04 in one year $1.22 in two years, and $1 32 in three years. After that, is dividends are expected to grow at 3.9% per year forever (so that year 4's dividend wil bo 3.9% more than $1.32 and so on). 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 cont.)

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