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?

Evan company reports net income of $232,000 each year and declares an annual cash dividend of $100,000. the company holds net assets of $2,130,000 on january 1, 2017. on that date, shalina purchases 40 percent of evan's outstanding common stock for $1,066,000, which gives it the ability to significantly influence evan. at the purchase date, the excess of shalina’s cost over its proportionate share of evan’s book value was assigned to goodwill. on december 31, 2019, what is the investment in evan company balance (equity method) in shalina’s financial records?