3. Abond that matures in one year has a payoff of either 0 or 100 dollars with equal probability, KM ={130 . Find the price that an investor with power utility of consumption and an annual income of 1:100 would be willing to pay today for this bond given: a. An annual discount factor (5 = 1 and a risk aversion parameter y=2 (2 points) 1). An annual discount factor 5 :03 and a risk aversion parameter y:2 (2 points]