Kellogg Co. (K) recently earned a profit of $4.02 earnings per share and has a P/E ratio of 20.25. The dividend has been growing at a 4 percent rate over the past few years. If this growth rate continues, what would be the stock price in five years if the P/E ratio remained unchanged? What would the price be if the P/E ratio declined to 15 in five years? Stock price $ Stock price with new P/E $