1. Your organization is planning for the future and wants to ensure there are enough assets to add a new rehab center in the next few years. You currently have 10,000,000 to invest and can earn 15% interest compounded annually. How much would you have at the end of 5 years, 10 years, 15 years, and 20 years?
2. Stick Co. stock earns $5 per share, sells for $60, and pays a $2.50 dividend per share. After a two-for-one split, the dividend will be $1.35 per share. Calculate the dividend growth rate and by what percentage has the payout increased?