Cooperton Mining just announced it

Cooperton Mining just announced it will cut its dividend from $4.07 to $2.47 per share and use the extra funds to expand. Prior to the announcement, Cooperton’s dividends were expected to grow at a 2.8% rate, and its share price was $50.31. With the new expansion, Cooperton’s dividends areexpected to grow at a 4.9% rate. What share price would you expect after the announcement?(Assume Cooperton’s risk is unchanged by the new expansion.) Is the expansion a positive NPVinvestment?

結果 (繁體中文) 1:

Cooperton礦業剛剛宣布將削減股息從$ 4.07每股2.47 $，並使用額外的資金擴大。此前的公告，Cooperton的股利預計將以2.8％的速度增長，而它的股價是$ 50.31。有了新的拓展，Cooperton的股利
預計將以4.9％的速度增長。你會在消息公佈後期待什麼股票價格？
（假設Cooperton的風險是新的擴張不變。）是擴展淨現值為正
的投資？

結果 (繁體中文) 2:

庫珀頓礦業剛剛宣佈，將股息從每股4.07美元削減至2.47美元，並動用額外資金進行擴張。在公告發布之前，庫珀頓的股息預計將以2.8%的速度增長，其股價為50.31美元。隨著新的擴張，庫珀頓的股息
預計增長率為4.9%。公告後，您預期股價是多少？
（假設庫珀頓的風險在新的擴張中保持不變。擴展是否為正淨現值
投資？

結果 (繁體中文) 3:

庫珀頓礦業剛剛宣佈，將把每股股息從4.07美元下調至2.47美元，並利用這些額外資金進行擴張。在宣佈之前，庫珀頓的股息預計將以2.8%的速度增長，其股價為50.31美元。隨著新的擴張，庫珀頓的紅利是
預計將以4.9%的速度增長。公告後你預期的股價是多少？
（假設庫珀頓的風險不會因新的擴張而改變）該擴張是否為正淨現值
投資？