$1.$ Invercargill Company stock has paid a $$6\mathrm{.}00$ annual dividend in $2021$ and a $$6\mathrm{.}50$ dividend in $2022.$ This growth in dividends will continue in the future. The stockholders of Invercargill require a $17\%$ return on their investment. Calculate the price of one share of Invercargill stock in $2023.$