Yankee Athletic Club has preferred stock with a par value of ​$ and an annual ​% cumulative dividend. Given the following prices for the preferred​ stock, what is each investor seeking for his or her​ return? a. Alex is willing to pay ​$. b. Derek is willing to pay ​$. c. Marcia is willing to pay ​$. d. Johnny is willing to pay ​$. a. If Alex is willing to pay ​$ for the preferred​ stock, what rate of return is he​ seeking?

Assume that a local bank sells two services, checking accounts and atm card services. the bank’s only two customers are mr. donethat and ms. beenthere. mr. donethat is willing to pay $8 a month for the bank to service his checking account and $2 a month for unlimited use of his atm card. ms. beenthere is willing to pay only $5 for a checking account, but is willing to pay $9 for unlimited use of her atm card. assume that the bank can provide each of these services at zero marginal cost. refer to scenario 17-5. if the bank is unable to use tying, what is the profit-maximizing price to charge for a checking account