Jim buys $10,000 of treasury bonds and that was at a parr value of 10,000. these bonds have 30 year maturity period and they pay 1.5% interest every three months ( The APR is 6% and Jim gets a check every 3 months for $150 ) but interest rates for similar securitities have risen to 7% APR what is the current rate of Jims bonds in light of the increase?