Computer stocks currently? Provide an expected rate of return of 12%. MBI. a large computer company, will pay a year-end dividend of $3 per share. If the stock is selling at $60 per share, what must be the market's expectation of the growth rate of MBI dividends? (Do not round intermediate calculations. Round your answer to 2 decimal places.) Growth rate b-1. If dividend growth forecasts for MBI are revised downward to 4% per year, what will be the price of the MBI stock? (Round your answer to 2 decimal places.) Price b-2. What (qualitatively) will happen? to the company's price-eamings ratio? The stock of Nogro Corporation is currently selling for $10 per share. Earnings per share in the coming year are expected to be $2. The company has a policy of paying out 50% of its earnings each year in dividends. The rest is retained and invested in projects that earn a 20% rate of return per year. This situation is expected to continue indefinitely. Assuming the current market price of the stock reflects its intrinsic value as computed using the constant-growth DDM. what rate of return do Nogro's investors require? (Do not round intermediate calculations.) Rate of return % By how much does its value exceed what it would be if all earnings were paid as dividends and nothing were reinvested? PVGO $