Cooperton Minitig lust announced it will cut its dividend from $407 to 52.66 per share and use the extra funds to expand. Priot to the announcement, Cooperton's dividends were expected to srow at a 31% rate, and its share price was 350.29. Whh the planned expansion, Coopertoris dividends are expected to grow at a 4.85 rate. What share price would you exped atter the announcement? (Assume that the new expansion does not change Cooperton's tisk) Is the expansion a good investment? The new price for Coopeton's stock will be (Hound to the nearest cent)