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CX Enterprises has the following expected dividends: $1.12 in one year, $1.22 in two years, and $1.32 in three years. After that, its dividends are

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CX Enterprises has the following expected dividends: $1.12 in one year, $1.22 in two years, and $1.32 in three years. After that, its dividends are expected to grow at 3.6% per year forever (so that year 4 's dividend will be 3.6% more The price of the stock will be 52 (Round to the nearest cent.)

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