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Sammy Jackson just received a graduation gift from her papa for graduating college. She wants to buy bonds from Seaside Beach Corporation. Currently, a Seaside

Sammy Jackson just received a graduation gift from her papa for graduating college. She wants to buy bonds from Seaside Beach Corporation. Currently, a Seaside bond is available with a 14.00-year maturity, 5.08% APR coupon rate with semi-annual coupons, and $1,000.00 face value. What is the most that Sammy should pay for this bond if the current market rate is 4.04% APR?

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