Question: please use full step and formula purchased a 10-year bond with the face value of $100 and 6.4% annual coupons. She holds the bond for

please use full step and formula

purchased a 10-year bond with the face value of $100 and 6.4% annual coupons. She holds the bond for four years and sell it immediately to Avril after receiving the fourth coupon. If the bonds yield to maturity was 5.1% when she purchased and sold the bond,

How much did She purchase the bond?
What is the annual rate of return of She investment during her holding period?

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