Intrinsic Value of Company QRS Using Gordon Growth Model

In assessing the intrinsic value of a stock using the Discounted Dividend Valuation model, consider the following scenario:

Company QRS is expected to pay a dividend of $5.00 per share next year. Analysts predict that the dividend will grow at a rate of 6% annually for the foreseeable future. The required rate of return for investors in this company is estimated to be 10%.

Using this information, what is the estimated intrinsic value per share of Company QRS according to the Gordon Growth Model?