SKV Co has paid the following dividends per share in recent years: Year 20X4 20X3 20X2 20X1 Dividend ($ per share) 0.360 0.338 0.328 0.311 The dividend for 20X4 has just been paid and SKV Co has a cost of equity of 12%. Using the geometric average historical dividend growth rate and the dividend growth model, what is the market price of SKV Co shares on an ex dividend basis?