A bond with a $2$ year maturity and a coupon rate of $3\%$ and a face value of $$1000$ is priced at

$$975.$ Let the yield to maturity be denoted by y$.$ Which of the following statements is true?

y times the face value equals the coupon rate

y $<3\mathrm{.}00\%$

y $>3\mathrm{.}00\%$

y $=3\mathrm{.}00\%$