ABC corporation just announced it would cut its dividend from $4 to $2.50 per share per year and use the extra funds to expand. Prior to the announcement, ABC's dividends were expected to grow at an annual rate of 3%, and its share price was $50 per share. With the new expansion, ABC's dividends are expected to grow at an annual rate of 5%. Suppose ABC's risk is unchanged by the new expansion. What share price would you expect after the announcement? Is the expansion a positive NPV investment