Maxine Corp. is enjoying a surge of business prosperity in the recent few years. It just paid common dividends at $0.05 per share to its shareholders last year (D0=$0.05). It is expected that the dividends will grow at 100% per year for the next 4 years, at 20% for the following 2 years, and at a constant rate of 5% per year thereafter. Beta for Maxine Corp. common stock is estimated to be around 1.1; risk-free interest rate is approximately 4%; the market risk premium is around 10%. Calculate the intrinsic value of Maxine Corp. common stock today (i.e. at time 0).