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CX Enterprises has the following expected dividends: $1.12 in one year, $124 in two years, and $1.31 in three years. After that, its dividends are

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CX Enterprises has the following expected dividends: $1.12 in one year, $124 in two years, and $1.31 in three years. After that, its dividends are expected to grow at 4.3% per year forever (so that year 4 's dividend will be 4.3% more than $1.31 and so on). If CX 's equity cost of capite is 124%, what is the current price of its stock? The price of the stock will be s (Round to the nearest cent)

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