Question: CX Enterprises has the following expected dividends: $ 1 . 1 3 in one year, $ 1 . 2 1 in two years, and $

CX Enterprises has the following expected dividends: $1.13 in one year, $1.21 in two years, and $1.26 in three years.
After that, its dividends are expected to grow at 4.2% per year forever (so that year four's dividend will be 4.2% more
than $1.26 and so on). If CX's equity cost of capital is 11.8%, what is the current price of its stock?
The price of the stock will be $.(Round to the nearest cent.)
 CX Enterprises has the following expected dividends: $1.13 in one year,

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