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Part $1$

Suppose you purchase a$10-$year bond with $6\mathrm{.}8\%$ annual coupons. You hold the bond for four years and sell it immediately after receiving the fourth coupon. If the$$ bond's yield to maturity was $4\mathrm{.}6\%$ when you purchased and sold the$$ bond,

a$.$ what cash flows will you pay and receive from your investment in the bond per $ $100$ face$$ value?

b$.$ what is the rate of return of your$$ investment?

Answer a and b