Computer stocks currently provide an expected rate of return of 21%. MBI, a large computer company, wil pay a year-end dividend of $2.90 per share. a. If the stock is selling at $59 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. Omit the "%" sign in your response.) Growth rate b-1. If dividend growth forecasts for MBI are revised downward to 8% per year, what will happen to the price of MBI stock? The price will rise. The price will fall. b-2. What (qualitatively) will happen to the company's price-earnings ratio? The price-earnings ratio will rise. The price-earnings ratio will fall