Carlton Corp. has bonds on the market making annual payments, with 14 years to maturity, face value of $1,000, and a current price of $1,108.60. At this price, the bonds yield 7.5%. Compute the coupon rate on these bonds? Multiple Choice 9.32 percent 8.93 percent O O 8.46 percent 8.78 percent O O 9.01 percent