CX Enterprises has the following expected dividends: $1.06 in one year, $1.21 in two years, and $1.33 in three years. After that, its dividends are expected to grow at 4.5% per year forever (so that year 4's dividend will be 4.5 % more than $1,33 and so on), If CX's equity cost of capital is 11.6 %, what is the current price of its stock? to the nearest cent.). The price of the stock will be