What is the current price of its? stock

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CX Enterprises has the following expected? dividends: $1.03 in one? year, $1.17 in two? years, and $1.28 in three years. After? that, its dividends are expected to grow at 4.2% per year forever? (so that year? 4's dividend will be 4.2% more than $1.28 and so? on). If? CX's equity cost of capital is 11.7%?, what is the current price of its? stock?

Reference no: EM132169016

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What is the current price of its? stock : CX Enterprises has the following expected? dividends: $1.03 in one? year, $1.17 in two? years, and $1.28 in three years.
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