Seattle Seafood Company (SSC) has an issue of 8-year, 11% annual coupon bonds outstanding. The bonds, which were originally issued 12 years ago, have a face value (FV) of $1,000, a yield-to-maturity (YTM) of 7%, and are noncallable. What is the current market price of SSCs bonds?

$1,362.74

$1,238.85

$1,548.56

$1,053.02

What is the current yield on Seattle Seafood Company's outstanding bonds? 7.10% 10.45% 8.07% 8.88% What is the expected one-year capital gain yield on the bonds of Seattle Seafood Company? -1.71% -1.88% -1.50% -2.21%