Computer stocks currently provide an expected rate of return of 16% MBI, a largo computer company, will pay a year-end dividend of $4 per share If the slock is soiling 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 | % If dividend growth forecasts for MBI are revised downward to 6% per year. what will be the price of the MBI stock? (Round your answer to 2 decimal places.) Price $ What (qualitatively) will happen to the company's price earnings ratio? Increases Decreases