$1.$ An analyst forecasts free cash flows to equity holders $($FCFE$)$ of $$1,000$ next year, and they forecast these FCFEs will grow at $8\%$ for the subsequent $3$ years. Then for the next $4$ years it will grow at $5\%$ After that, she expects FCFE to grow at $1\mathrm{.}5\%$ indefinitely. The cost of equity is $7\%,$ and the WACC is $4\%.$ What is the value per share if there are $1,000$ shares?