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CX Enterprises has the following expected dividends: $1.13 in one year, $1.22 in two years, and $1.34 in three years. After that, its dividends are
CX Enterprises has the following expected dividends: $1.13 in one year, $1.22 in two years, and $1.34 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 $1.34 and so on). If CX's equity cost of capital is 12.1%, what is the current price of its stock
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