If cxs equity cost of capital is 117 what is the current


CX Enterprises has the following expected dividends: $ 1.13 in one year, $ 1.24 in two years, and $ 1.35 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 $ 1.35 and soon). If CX's equity cost of capital is 11.7 %, what is the current price of its stock?

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Financial Management: If cxs equity cost of capital is 117 what is the current
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