Thanks tangentair, you gave me a good place to start. I taped the hound up 6" (per your estimate) with heavy duty cloth tape and raised the mast with the

mast raiser, no upper shrouds attached, and set the rake a 0* with the forestay set in the middle. I still needed to raise the hound about an inch and took a guess at 8", drilled the holes and reset the mast with upper shrouds loosely attached.
I set the forestay on the Winderra cam and adjusted the turnbuckle alternately with the upper shrouds (I have turnbuckle adjusters) till I got 300 on the Loos and still able to pin the forestay at 1* rake using the mast riser with the turnbuckle mid-way. I will probably set the rake a 0* sans sails and expect to be at 1-2* once the sails are raised. The rake was set with the boat on the trailer with a level waterline.
ANSWER: 4:1 ratio.
As a side note, I installed shroud adjusters on my baby stays so I can ease the stays and allow the

mast to rotate freely while under sail.
Hope this helps anyone thinking about raising the forestay for better furler clearence or to install an adjuster.
Bob