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I need the price for every percent! Fenway Athletic Club plans to offer its members preferred stock with a par value of $200 and an

image text in transcribed I need the price for every percent!

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 8%. b. Jonathan wants a return of 13%. c. Josh wants a return of 14%. d. Terry wants a return of 17%. a. If Theo wants a return of 8%, what price should he be willing to pay? $ (Round to the nearest cent.)

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