Intrinsic Value Calculation for Beta Solutions Ltd.

Beta Solutions Ltd. is a mature technology company that has consistently paid dividends to its shareholders over the years. The company just announced a dividend of $4.00 per share for the upcoming year. Investors expect the dividends to grow at an annual rate of 7% for the next five years and then slow down to a stable growth rate of 4% thereafter.

Given that the required rate of return for investors in similar equity investments is 10%, calculate the intrinsic value of a share of Beta Solutions Ltd. using the Discounted Dividend Valuation model.