edit: 0 Cooperton Mining just announced it will cut its dividend from $3.86 to $2.54 per share and use the extra funds to expand. Prior to the announcement, Cooperton's dividends were expected to grow at a 3.3% rate, and its share prior was $48.12. With the planned expansion, Cooperton's dividends are expected to grow at a 4.5% 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 prion for Cooperton's stock will be $(Round to the nearest cont) 2 on 1 (1/1) on 3(1/1) on 5(1/1)