Cooperton Mining just announced it will cut its dividend from $3.97 to $2.58 per share and use the extra funds to expand Prior to the announcement, Cooperton's dividends were expected to grow at a 3.2% rate, and its share price was $50.32 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 Yes, it is No it is not