Kasper wants to purchase $1000$ shares of MOOSIK stock. The company will pay a dividend of $$0\mathrm{.}75$ at the end of the year and Kasper expects the dividend to grow at $1\mathrm{.}50\%$ per year. If he wants to receive a minimum $11\mathrm{.}90\%$ return, what is the most he would be willing to pay for his total purchase?

Round your answer to the nearest cent $($$x$.$xx$)$ and show your work.