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Business, 12.03.2020 17:23 Bunnybear3384

Fenway Athletic Club plans to offer its members preferred stock with a par value of $100 and an annual dividend rate of 6 %. What price should these members be willing to pay for the returns they want? a. Theo wants a return of 10%. b. Jonathan wants a return of 12%. c. Josh wants a return of 15%. d. Terry wants a return of 18%.

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