CX Enterprises has the following expected dividends: $1.09 in one year, $1.19 in two years, and $1.34 in three yeart. Affor that, its dividends are expected to grow at 3.7$ per year forever (so thot year 4s dividend will be 3.7% more than $1.34 and so on). If CX 's equity cost of capital is 11.8%, what is the current price of ts stock? The price of the slock will be 1 (Round to the nearest cent)