D Question 10 8pts Nestle S.A. Just announced that it will cut its next dividend from $3,50 to $2.50 per share and use the extra funds to expand its operations Prior to this announcement. Nestle's dividends were expected to grow at 4% per year and Nestle's stock was trading at $35.00 per share With the new expansion. Nestle's dividends are expected to grow at 8% per year indefinitely. Assuming that Nestle's equity cost of capital is unchanged by the expansion, what is the value of a share of Nestl S.A. after the dividend cut? $33.50 $41.67 $35.00 $42.53