CX Enterprises has the following expected dividends: $1.07 in one year, $1.17 in two years, and \$1.31 in three years. After that, its dividends are expected to grow at 4.2% per year forever (so that year 4 's dividend will be 4.2% more than $1.31 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.)