VULSTUN TU Lowell Inc issued $1,000 bonds that have an annual coupon rate of 7%. The present market value of the bonds is $1,200. If the bonds have 15 years remaining until maturity, what is the current yield on Lowell bonds? 6.3% 7.5% 5 8% 11.2% QUESTION 11 Atlas Corporation issued bonds on January 1, 2006 The bonds had a coupon rate of 8% with interest paid semiannually. The face value of the bonds is $1,000 and the bonds mature on January 1, 2022. What is the yield to maturity for an Atlas bond on January 1, 2012 if the market price of the bond on that date is $980? 5 53% 6.34% 08 30%