Yankee Athletic Club has preferred stock with a par value of $60 and an annual 8% cumulative dividend. Given the following prices for the preferred stock, what is och investor seeking for his or her return? 2. Alex is willing to pay $35 b. Derek is willing to pay $25 c. Marcia is willing to pay $15. d. Sohnny is willing to pay $10. at Alex is willing to pay 535 for the preferred stock, what rate of return is he seeking? 13.71% (Round to two decimal places) b. It Derek is willing to pay $25 for the preferred stock, Whatrate of return is be seeking? Ls (Round to two decima pows)