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Yankee Athletic Club has preferred stock with a par value of $90 and an annual 7% cumulative dividend Given the following prices for the preferred

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Yankee Athletic Club has preferred stock with a par value of $90 and an annual 7% cumulative dividend Given the following prices for the preferred stock, what is each inwestor seeking for his or her return? a. Alex is willing to pay $40 b. Derek is willing to pay $25 c. Marcia is willing to pay $20 d. Johnny is willing to pay $5. a. I Alex is willing to pay $40 for the preferred stock, what rate of return is he seeking % (Round to two decimal places) b. I Derek is willing to pay $25 for the preferred stock what rate of return is he seeking % (Round to two decimal places) c. of Marcia is willing to pay $20 for the preferred stock, what rate of return is she seeking? % (Round to two decimal places) d. If Johnny is willing to pay $5 for the preferred stock, what rate of retumis he seeking? % Round to two decimal places) at

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