CX Enterprises has the following expected dividends: 51.14 in one yoar, $1.23 in two yoars, and $1.29 in throe yoars. Attor that, its dividonds are expectod bo grow at 385 per year forweer (po that year 4 's dividend will be 3.8% more than $1.29 and so on). H CX's equity cost of capital is 11.7%, what is the current price of its stock? The price of the stock will bes (Round to the nearest cent.)