Cooperton Mining just announced it will cut iis dividend from $4.00 to $2.50 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.0% rate, and its share price was $50.00. With the planned expansion, Cooperton's dividends are expected to grow at a 50% rate. What share price would you expect after the announcement? (Assume that the new expansion does not change Cooperton's risk) is the expansion a good investment? The new price for Cooperton's stock will be $ Round to the nearest cont) Is the expansion a good investment? (Select from the drop down menu) a good investment