P7-11 (similar to) Question Help end rate of6% what price shouldthese members be willing to pay for the Fenway Athletic Club plans to offer its members preferred stock with a par value of S100 and an annual d returns they want? a. Theo wants a return of 9% b. Jonathan wants a return of 12%. c. Josh wants a return of 14% d. Terry wants a return of 19% a. If Theo wants a return of 9%, what price should he be wilng to pay? (Round to the nearest cent)