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CX Enterprises has the following expected dividends: in one year, in two years, and in three years. After that, its dividends are expected to grow

CX Enterprises has the following expected dividends: in one year, in two years, and in three years. After that, its dividends are expected to grow at per year forever (so that year 4's dividend will be more than and so on). If CX's equity cost of capital is , what is the current price of its stock? Question content area bottom Part 1

The price of the stock will be ?

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