Sidman Products's common stock currently sells for $$74$ a share. The firm is expected to earn $$8\mathrm{.}14$ per share this year and to pay a year$-$end dividend of $$2\mathrm{.}70,$ and it finances only with common equity.

If investors require an $11\%$ return, what is the expected growth rate? Do not round intermediate calculations. Round your answer to two decimal places.

$\%$

If Sidman reinvests retained earnings in projects whose average return is equal to the stock's expected rate of return, what will be next year's EPS? $($Hint: g $=(1$ Payout ratio$)$ROE$).$ Do not round intermediate calculations. Round your answer to the nearest cent.

$

per share