An established firm, Squish, has taken advantage of the current low interest rate environment to issue a bond with 100 years to maturity. The bond pays coupons at a rate of 4%, has semi annual coupon payments, a face value of $1,000 and was issued at par. The next coupon payment is exactly six months away.

What are the cash flows to the bond?

What is the yield to maturity of the bond?

What is the internal rate of return?