1. Jenny deposits $10,000 into a fund today and $5,000 five years later. Interest is credited at an annual rate of X compounded monthly for the first 3 years, and at an annual interest rate of 4 % compounded quarterly thereafter. The accumulated balance in the fund at the end of 10 years is $22,000. Solve for X.
2. Company A's enterprise value is estimated to be $2000 and has surplus cash and marketable securities of $500. Its total debt is $750 and has 100 shares outstanding. Based on this information, what is Company A's share price?