Cooperton Mining just announced it will cut its dividend from $421 to $2 57 per share and use the extra funds to expand Prior to the announcement, Cooperton's dividends were expected to grow at a 31% rate, and its share price was $4932 With the planned expansion, Cooperton's dividends are expected to grow at a 49% 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 s (Round to the nearest cent)