You are analyzing the financials of a start-up tech company that has just completed its Series A funding round. The company has 10 million outstanding shares, and the investors in the funding round paid $5 per share. The company's current net income is $1 million, and it is expected to grow at a constant rate of 10% per year. The required rate of return is 12%. Assuming that the company's net income will continue to grow at the same rate in the future, what is the estimated intrinsic value of one share of the company's stock?