Suppose you purchase a 10-year bond with 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 when you purchased and sold the bond, a. What cash flows will you pay and receive from your investment in the bond per face value? b. What is the annual rate of return of your investment? a. What cash flows will you pay and receive from your investment in the bond per face value? The cash flows from the investment are shown in the following timeline:(Round to the best choice below.) A. The timeline starts at Year 0 and ends at Year 4. The timeline shows a cash flow of minus $ 112.21 in Year 0 and a cash flow of $ 6.10 each year from Year 1 to Year 3. In Year 4, the cash flow is $ 106.11. B. The timeline starts at Year 0 and ends at Year 4. The timeline shows a cash flow of $ 106.11 in Year 0 and a cash flow of $ 6.10 each year from Year 1 to Year 3. In Year 4, the cash flow is $ 112.21. C. The timeline starts at Year 0 and ends at Year 4. The timeline shows a cash flow of negative $ 109.31 in Year 0 and a cash flow of $ 6.10 each year from Year 1 to Year 3. In Year 4, the cash flow is $ 112.21. D. The timeline starts at Year 0 and ends at Year 4. The timeline shows a cash flow of $ 109.31 in Year 0 and a cash flow of $ 6.10 each year from Year 1 to Year 3. In Year 4, the cash flow is $ 112.21. b. What is the annual rate of return of your investment?

The annual rate of return of your investment is ?. (Round to one decimal place.)