You purchased a coupon bond on January 2, 2020 with the following information:

Coupon rate: 6.00% Interest payment: annual Maturity: 5 years

Par Amount: $10,000 Yield to Maturity: 6.20%

33.1 What price did you pay for this bond? Show all calculations.

33.2 If you sold the bond exactly two years later at a price of $101, what is your annualized rate of return for the two years, assuming you did not reinvest any coupon payments?