Pan Asia Mining Co.'s stock (Ticker: PAMC) is trading at $16.25 . The company's stock is expected to pay a year-end dividend of $0.78 that is expected to grow at a certain rate, • The stock's expected rate of return is 7.80%. Based on the information just given, what will be Robert's forecast of PAMC's growth rate? 4.50% 0 7.75% 3.00% 2.49% Which of the following statements accurately describes the relationship between earnings and dividends when all other factors are held constant? Long-run earnings growth occurs primarily because firms pay dividends to reward their shareholders for investing in the company. Growth in earnings requires growth in dividends. Retaining a higher percentage of earnings will result in a higher growth rate.