Suppose you purchase a 10-year bond with

6.9 %6.9%

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

4.5 %4.5%

when you purchased and sold the bond,

a. what cash flows will you pay and receive from your investment in the bond per

$ 100$100

face value?

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