A debt obligation offers the following payments: Years from Now Cash Flow to Investor 1234 $2,000 2,000
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A debt obligation offers the following payments: Years from Now Cash Flow to Investor 1234 $2,000 2,000 2,500 4,000 Suppose that the price of this debt obligation is $7,704. What is the yield or inter- nal rate of return offered by this debt obligation?AppendixLO1
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