Joe's Fruit Company is expanding into a new geographic area. Management expects the new market to fuel growth of 20% for three years. After that normal growth of 5% will resume. Joe's Fruit's most recent annual dividend was $1.30. Other fruit companies have been returning about 10%. What is the intrinsic value of Joe's Fruit stock? And, if the stock is trading for $30, should an investor buy this stock? C$47.17, Yes $33.42, Yes C$35.44, Yes C$40.09, Yes C$33.42, No C$40.09. No