Homework: Chapter 7 Homework a. Theo wants a return of 8%. b. Jonathan wants a return of 12%. c. Josh wants a return of 14%. d. Terry wants a return of 19%. Question 3, P7-11 (similar to) Part 1 of 4 a. If Theo wants a return of 8%, what price should he be willing to pay? (Round to the nearest cent.) HW Score: 12.5%, 1 of 8 points O Points: 0 of 1 Fenway Athletic Club plans to offer its members preferred stock with a par value of $100 and an annual dividend rate of 7%. What price should these members be willing to pay for the returns they want? Save