Discounted Dividend Valuation of XYZ Corp

Consider a company, XYZ Corp, which has the following projected dividend growth rates:

1. The company is expected to pay a dividend of $2 per share next year.

2. The expected growth rate of dividends over the next 5 years is 15% per annum.

3. After year 5, dividends are expected to grow at a stable rate of 5% per annum indefinitely.

The required rate of return for equity investors in XYZ Corp is 10%. Using the Discounted Dividend Valuation model, what is the intrinsic value per share of XYZ Corp?