Suppose you purchase a ten-year bond with 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 6.13% 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? what cash flows will you pay and receive from your investment in the bond per $100 face value?

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

assume annual compounding

Round to the nearest cent

Enter a cashflow outflow as a negative number