ABC Bhd is expected to pay a dividend of RM2.10 per share in next year, which is an increase of 5% from current years dividend payment. The 5% growth rate of dividend is expected to be the same in Year 2. The dividend in the following two years is expected to be RM2.40 and RM2.55. Then grows at a gradual rate of 6% per year indefinitely. The required rate of return is 10%. a) Calculate the intrinsic value of ABC Bhds share.