CX Enterprises has the following expected dividends: $1.05 in one year, $1.23 in two years, and $1.33 in three years. After that, its dividends are expected to grow at 3.9% per year forever (so that year 4 's dividend will be 3.9% more than $1.33 and so on). If CX 's equity 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.)