Intrinsic Value Calculation Using DDM

Mark is evaluating a company that pays a consistent dividend expected to grow at a rate of 5% annually. He anticipates that the next year's dividend will be $2.00 per share. If Mark wants to achieve a required rate of return of 10%, he decides to use the Gordon Growth Model (a type of Dividend Discount Model) to determine the stock's intrinsic value.

Using the Gordon Growth Model formula, which is: Value = D / (r - g), where D is the expected dividend next year, r is the required rate of return, and g is the growth rate of dividends, what is the intrinsic value of the stock?