CX Enterprises has the following expected$$ dividends: $ $1\mathrm{.}02$ in one$$ year, $ $1\mathrm{.}18$ in two$$ years, and $ $1\mathrm{.}29$ in three years. After$$ that, its dividends are expected to grow at $3\mathrm{.}8\%$ per year forever$($so that year$$ four's dividend will be $3\mathrm{.}8\%$ more than $ $1\mathrm{.}29$ and so$$ on$).$ If$$ CX$\text{'}$s equity cost of capital is $12\mathrm{.}1\%,$ what is the current price of its$$ stock?

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Part $1$

The price of the stock will be $$$

$$

enter your response here. $($Round to the nearest$$ cent.$)$