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 retum of 15% d. Terry wants a tour of 18% a. It Theo wants a return of 10%, what price should he be willing to pay (Round to the newest cent)