CX Enterprises has the following expected dividends: $\backslash (\backslash$$ $1\mathrm{.}01\backslash )$ in one year, $\backslash (\backslash$$ $1\mathrm{.}16\backslash )$ in two years, and $\backslash (\backslash$$ $1\mathrm{.}31\backslash )$ in three years. After that, its dividends are expected to grow at $3\mathrm{.}6\backslash \%$ per year forever $($so that year $4\text{'}$s dividend will be $\backslash (3\mathrm{.}6\backslash \%\backslash )$ more than $1\mathrm{.}31$ and so on$).$ If CX$\text{'}$s equity cost of capital is $\backslash (11\mathrm{.}9\backslash \%\backslash ),$ what is the current price of its stock? The price of the stock will be $\backslash (\backslash$$ $\backslash ).($Round to the nearest cent.$)$