CX Enterprises has the following expected dividends; $$1\mathrm{.}12$ in one year, $$1\mathrm{.}24$ in two years, and $$1\mathrm{.}31$ in three years. After that, its dividends are expected to grow at $4\mathrm{.}5\%$ per year forever $($so that year four's dividend will be $4\mathrm{.}5\%$ more than $$1\mathrm{.}31$ and so on$).$ If CX$\text{'}$s equity cost of capital is $12\%,$ what is the current price of its stock?

The price of the stock will be $$.($Round to the nearest cent.$)$