A bond with a face value of $1,000 has annual coupon payments of $100 and was issued 7 years ago. The bond currently sells for $1,000 and has 8 years remaining to maturity. This bond’s must be 10%.
I. yield to maturity
II. market premium
III. coupon rate
a. I only
b. I and II only
c. III only
d. I and III only
e. I, II and III.