CX Enterprises has the following expecteddividends: $1.03 in oneyear, $1.17 in twoyears, and $1.28 in three years. Afterthat, its dividends are expected to grow at 4.2% per year forever(so that year4's dividend will be 4.2% more than $1.28 and soon). IfCX's equity cost of capital is 11.7%, what is the current price of itsstock?