You are trying to use the dividend pricing model to value Tesla (TSLA) stock. You do not believe the company will pay a dividend until exactly 11 years from today. You roughly estimate that the annual dividend on that day will be $200.00 per share. From that point on, you believe that Tesla dividends will grow at an annual rate of 5% in perpetuity. If you require a 12% APR return to purchase Tesla shares, what is the most you would be willing to pay today for one share of Tesla?