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Badger Corp. has issued 9% annual coupon bonds with 10 years of maturity. The bonds have a par value of $1,000, and their current market

Badger Corp. has issued 9% annual coupon bonds with 10 years of maturity. The bonds have a par value of $1,000, and their current market price is $1,050. What is the YTM on Badger Corp.s bonds?

	A.	7.25%
	B.	6.25%
	C.	8.25%
	D.	9.25%

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