Problem 7-19 CX Enterprises has the following expected dividends: $1 in one year, $1.15 in two years, and $1.25 in three years. After that, its dividends are expected to grow at 4% per year forever (so that year 4's dividend will be 4% more than $1.25 and so on. If CX's equity cost of capital is 12%, what is the current price of its stock? Dividend in 1 vear Dividend in 2 years Dividend in 3 years Growth rate Equity cost of capital 1.00 1.15 1.25 4% 12% Dividend in 4 years Stock price Requirements 1 In cell D12, by using cell references, calculate the dividend that the company will pay in four years (1 2In cell D13, by using cell references, calculate the price of the stock today (1 pt.)