Question: Question 4 10 pts A few years ago, Sam Technology issued an annual bond that has a face value equal to $1,000 and pays investors

Question 4 10 pts A few years ago, Sam Technology issued

Question 4 10 pts A few years ago, Sam Technology issued an annual bond that has a face value equal to $1,000 and pays investors $50 interest. The bond has four years remaining until maturity. If an investor requires a 1% rate of return to invest in this bond, what is the maximum price he or she should be willing to pay to purchase the bond today? $1,156.08 $1.306.07 $1,721.82 $1,000.00

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