CX Enterprises has the following expected dividends: $1.06 in one year, $1.24 in two years, and $1.31 in three years. After that, its dividends are expected to grow at 3.7% per year forever (so that year 4 's dividend will be 3.7% more than $1.31 and so on). If CX's equily cost of capital is 11.8%, what is the current price of its stock? The price of the stock will be s (Round to the nearest cent)