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Business, 29.02.2020 00:47 tfyvcu8052

Fenway Athletic Club plans to offer its members preferred stock with a par value of $200 and an annual dividend rate of 5 %. What price should these members be willing to pay for the returns they want? a. Theo wants a return of 9%. b. Jonathan wants a return of 11%. c. Josh wants a return of 16%. d. Terry wants a return of 19%. a. If Theo wants a return of 9%, what price should he be willing to pay?

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