The market value balance sheet of AppleBanana Co. is shown below. Market Value Balance Sheet 300,000 Debt Cash 400,000 Fixed assets 1,000,000 Equity 900,000 Total 1,300,000 Total 1,300,000 There are 100,000 shares outstanding. The company has declared a 15 percent stock dividend. The stock goes ex-dividend tomorrow. What is the ex-dividend price? (Do not round intermediate calculations and round your answer to two decimal places, e.g., 32.16)