Epsilon Consultants has the following projected free cash flows to equity and other information. It has no non$-$operating assets. Calculate Epsilon's intrinsic value of equity using the FCFE model.

Year $1$ Year $2$ Year $3$

FCFE $$1,000$ $$1,200$ $$1,260$

Long$-$term FCFE growth: $5\%$

Required return on equity: $9\%$

a$.$ $$37,854$

b$.$ $$34,413$

c$.$ $$28,440$

d$.$ $$31,284$

e$.$ $$41,640$