Steady As She Goes Incorporated will pay a year$-$end dividend of $$2\mathrm{.}20$ per share. Investors expect the dividend to grow at a rate of $4\%$ indefinitely.

If the stock currently sells for $$22\mathrm{.}00$ per share, what is the expected rate of return on the stock?

Note: Do not round intermediate calculations. Enter your answer as a whole percent.

If the expected rate of return on the stock is $16\mathrm{.}50\%,$ what is the stock price?

Note: Do not round intermediate calculations. Enter your answers rounded to $2$ decimal places.