look at photo questions 1-4

1. A debt obligation offers the following payments: Years from Now Cash Flow to Investor $2,000 2 2,000 3 2,500 4 4,000 Suppose that the price of this debt obligation is $7,704. What is the yield or internal rate of return offered by this debt obligation? 2. What is the effective annual yield if the semiannual periodic interest rate is 4.3%? 3. What is the yield to maturity of a bond? 4. What is the yield to maturity calculated on a bond-equivalent basis