uta People P 7-19 (similar to) Question Help CX Enterprises has the following expected dividends: 31.12 in one year $1.24 in two years, and $1.29 in three years. Aftur that, its dividends are expected to grow at 3.6% per year forever (so that year 4's dividend will be 3.6% more than $1.29 and so on). CX's equity cost of capitalis 11.7% What is the current price of its stock? Library Resources Cisco Webex The price of the stock will be (Round to the nearest cent)