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CX Enterprises has the following expected dividends $1.08 in one year, $1 16 in two years, and $1.27 in three years After that, its dividends
CX Enterprises has the following expected dividends $1.08 in one year, $1 16 in two years, and $1.27 in three years After that, its dividends are expected to grow at 4.4% per year forever (so that year 4's dividend will be 4.4% more than $1 27 and so on) CX's equity cost of capital is 12.5%, what is the current price of its stock? The price of the stock will be (Round to the nearest cent)
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