Suppose you purchase a $10-$year bond with $6\mathrm{.}1\%$ 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 $5\mathrm{.}3\%$ 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?

Year

Cash Flows $$104\mathrm{.}02$

$$6\mathrm{.}10$

$56\mathrm{.}10$

$$6\mathrm{.}10$

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

The rate of retum of your imestment is $\%.$

$($Round to one decimal place.$)$