KV Co has paid the following dividends per share in recent years:Year 20X4 20X3 20X2 20X1Dividend ($ per share) 0·360 0·338 0·328 0·311The 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 marketprice of SKV Co shares on an ex dividend basis?