1) New York Times Co. (NYT) recently earned a profit of $1.51 per share and has a P/E ratio of 19.35. The dividend has been growing at an 8.25 percent rate over the past six years.

If this growth rate continues, what would be the stock price in four years if the P/E ratio remained unchanged? What would the price be if the P/E ratio increased to 25 in four years? Round your answers to 2 decimal places

2)Consider a 3.70 percent TIPS with an issue CPI reference of 186.0. At the beginning of this year, the CPI was 193.1 and was at 200.0 at the end of the year.

What was the capital gain of the TIPS in dollars? Round your final answer to 2 decimal places

What was the capital gain of the TIPS in percentage? Round your final answer to 2 decimal places