You are working as a compensation analyst. You are given the following information: The market pay regression line (after aging) is: y=900+.5x. Your company's pay policy is to lead the market by 20%. A Job Evaluation Point System was used to evaluate jobs. The system uses a Job Evaluation range of 1000 points. Number of pay grades is 4 Range spread above and below midpoint for all job grades is 20% Calculate the pay range maximum for job grade 4.