Assignment 07- Bonds and Their Valuation Due on Tomorrow at 1 1:59 PM PST Back to Assignment Keep the Highest: 5 Attempts 5. Bond yields Coupon payments are fixed, but the percentage return that investors receive varies based on market conditions. This Aa Aa percentage return is referred to as the bond's yield Yield to maturity (YTM) is the rate of return expected from a bond held until its maturity date. However, the YTM equals the expected rate of return under certain assumptions. Which of the following is one of those assumptions? O The bond will not be called. The bond has an early redemption feature. Consider the case of Badger Corp. Badger Corp. has 9% annual coupon bonds that are callable and have 18 years left until maturity. The bonds have a par value of $1,000, and their current market price is $980.35. However, Badger Corp. may call the bonds in eight years at a call price of Value | YTN YTC $1,060. What are the YTM and the yield to call (YTC) on Badger Corp.'s bonds