Cooperton Mining just announced it will cut its dividend from $4.22 to $2.61 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.5% rate, and its share price was $48.88. With the planned expansion, Cooperton's dividends are expected to grow at a 4.6% 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 cent.) Is the expansion a good investment? (Select from the drop-down menu.) a good investment. Krell Industries has a share price of $21.79 today. If Krell is expected to pay a dividend of $1.12 this year and its stock price is expected to grow to $24.05 at the end of the year, what is Krell's dividend yield and equity cost of capital? The dividend yield is 5.1 %. (Round to one decimal place.) The capital gain rate is 10.3%. (Round to one decimal place.) The total return is 15.4 %. (Round to one decimal place.)