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18. Which of the following are characteristics of a Premium Bond? I. The market value of the bond is greater than the face value of

18. Which of the following are characteristics of a Premium Bond? I. The market value of the bond is greater than the face value of the bond II. The market yield of the bond is greater than the bonds coupon rate III. The price of the bond is less than the face value of the bond IV. The price of the bond is greater than the face value of the bond V. The market yield of the bond is less than the bonds coupon rate A) I, II and IV only B) I, II and III only C) I, IV and V only D) I, III, and V only E) None of the above

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