Assignment:
A debt obligation offers the following payments:
| Years from now |
Cash flow to investor |
| 1 |
$2,000 |
| 2 |
2000 |
| 3 |
2500 |
| 4 |
4000 |
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?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.