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2. A debt obligation offers the following payments: Years from Now Cash Flow to Investor $2,500 $2,000 $2,500 $4,000 2 4 a) Suppose that the

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2. A debt obligation offers the following payments: Years from Now Cash Flow to Investor $2,500 $2,000 $2,500 $4,000 2 4 a) Suppose that the price of this debt obligation is $8,704. What is the yield or internal rate of returrn offered by this debt obligation? b) What is the yield to maturity calculated on a bond-equivalent basis? 2. A debt obligation offers the following payments: Years from Now Cash Flow to Investor $2,500 $2,000 $2,500 $4,000 2 4 a) Suppose that the price of this debt obligation is $8,704. What is the yield or internal rate of returrn offered by this debt obligation? b) What is the yield to maturity calculated on a bond-equivalent basis

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