Vulcan is a company that produces dual-energy furnaces. Its operations are financed only by equity and its price per share is currently $60. The firm expects earnings per share of $12 in the coming year, and plans to pay a dividend of $6 per share. The dividends of this company are expected to grow at a rate of g =4% in the foreseeable future. Suppose that Vulcan has a new investment opportunity that is expected to have a return of 9%. In order to undertake this project, the company would like to reduce its dividend pay-out rate to 25%. According to the dividend discount model of valuation, if it undertook this investment, Vulcan's new price per share would be _________________and Vulcan ______________ undertake this investment.