193) Mugwump Industries has issued a bond which has a $1,000 par value and a 15 percent annual coupon interest rate. The bond will mature in ten years and currently sells for $1,250. Using the approximation formula to calculate the yield to maturity (YTM) of this bond results in a YTM of A) 42.22 percent. B) 27.78 percent. C) 11.11 percent. D) 15.00 percent